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.
Peer comparison
Dec 31, 2024