Integer Holdings Corp (ITGR)
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 | 147,445 | 137,515 | 126,168 | 116,032 | 107,294 | 98,558 | 83,476 | 78,007 | 75,958 | 77,494 | 83,678 | 90,033 | 101,063 | 96,938 | 105,159 | 74,546 | 86,207 | 77,934 | 82,033 | 116,700 |
| Revenue (ttm) | US$ in thousands | 1,732,282 | 1,695,936 | 1,669,212 | 1,632,683 | 1,596,673 | 1,555,945 | 1,493,932 | 1,443,969 | 1,376,096 | 1,316,688 | 1,279,582 | 1,241,524 | 1,221,079 | 1,177,023 | 1,107,391 | 1,035,483 | 1,073,442 | 1,130,120 | 1,197,765 | 1,271,844 |
| Pretax margin | 8.51% | 8.11% | 7.56% | 7.11% | 6.72% | 6.33% | 5.59% | 5.40% | 5.52% | 5.89% | 6.54% | 7.25% | 8.28% | 8.24% | 9.50% | 7.20% | 8.03% | 6.90% | 6.85% | 9.18% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $147,445K ÷ $1,732,282K
= 8.51%
Integer Holdings Corp's pretax margin has shown some fluctuation over the past few years. The pretax margin started at 9.18% in March 2020 but decreased to 6.85% by June 2020. It hovered around the 6-8% range for the remainder of 2020 and early 2021, showing a slight improvement to 9.50% by June 2021.
However, the pretax margin experienced a decline throughout the latter half of 2021 and into 2022, reaching a low of 5.40% in March 2023. There was a slight recovery in the following quarters, with the pretax margin gradually increasing to 8.51% by December 2024.
Overall, Integer Holdings Corp's pretax margin has been somewhat volatile, with periods of improvement followed by fluctuations and declines. It is important for the company to monitor and manage its operating expenses, revenue generation, and overall profitability to sustain and enhance its pretax margin in the future.
Peer comparison
Dec 31, 2024