Inter Parfums Inc (IPAR)

Pretax margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	214,471	218,065	199,002	189,635	164,120	138,073	138,742	137,572	128,403	155,702	125,786	83,162	57,599	46,898	52,392	76,492	89,327	86,714	84,528	82,750
Revenue (ttm)	US$ in thousands	1,317,700	1,293,741	1,207,007	1,143,274	1,086,701	987,400	969,505	931,518	881,093	854,682	752,668	595,832	539,000	533,353	564,477	680,812	713,500	712,301	697,160	681,966
Pretax margin		16.28%	16.86%	16.49%	16.59%	15.10%	13.98%	14.31%	14.77%	14.57%	18.22%	16.71%	13.96%	10.69%	8.79%	9.28%	11.24%	12.52%	12.17%	12.12%	12.13%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $214,471K ÷ $1,317,700K
= 16.28%

Inter Parfums, Inc. has shown a relatively stable pretax margin performance over the quarters provided. In Q4 2023, the pretax margin was reported at 18.94%, slightly lower than the previous quarter but higher than the same quarter the previous year. This indicates that the company has been able to maintain healthy profitability levels despite fluctuations in performance. Additionally, the company's pretax margin has consistently been above 16% over the past eight quarters, reflecting a consistent ability to generate profits before taxes relative to its revenue. This stability suggests that Inter Parfums, Inc. has been effectively managing its expenses and maintaining profitability levels throughout the periods covered by the data.