Inter Parfums Inc (IPAR)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 229,316 212,213 200,090 196,523 214,471 218,065 199,002 189,635 164,120 138,073 138,742 137,572 128,403 155,702 125,786 83,162 57,599 46,898 52,392 76,492
Revenue (ttm) US$ in thousands 1,454,289 1,421,425 1,366,393 1,332,438 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
Pretax margin 15.77% 14.93% 14.64% 14.75% 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%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $229,316K ÷ $1,454,289K
= 15.77%

Inter Parfums Inc has shown fluctuations in its pretax margin over the period analyzed. The pretax margin, which indicates the percentage of revenue that remains after deducting all expenses except for taxes, started at 11.24% in March 2020 and witnessed various ups and downs, reaching its lowest point at 8.79% in September 2020, possibly due to increased expenses or lower revenue generation.

However, from March 2021 onwards, the pretax margin showed a positive trend, steadily increasing to 16.86% by September 2023. This improvement could signify better cost management, increased operational efficiency, or higher revenue growth during this period.

In the last quarter of 2023 and the first half of 2024, the pretax margin slightly decreased, indicating potential challenges that impacted profitability. Nevertheless, by December 2024, the pretax margin recovered to 15.77%, indicating that Inter Parfums Inc was able to address these challenges and maintain a healthy level of profitability.

Overall, the pretax margin performance of Inter Parfums Inc reflects a mix of both positive and negative factors impacting its financial health and operational efficiency over the analyzed period.