Lantheus Holdings Inc (LNTH)

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	430,977	570,163	554,001	593,315	410,943	96,297	19,357	-42,286	26,719	161,955	59,102	-31,479	-75,038	-36,874	-24,499	-2,666	-11,479	-6,240	6,579	21,392
Revenue (ttm)	US$ in thousands	1,533,910	1,496,799	1,438,011	1,365,620	1,296,429	1,205,596	1,124,942	1,026,965	935,061	801,457	664,238	541,579	425,208	389,798	376,269	341,215	339,410	334,604	331,836	351,531
Pretax margin		28.10%	38.09%	38.53%	43.45%	31.70%	7.99%	1.72%	-4.12%	2.86%	20.21%	8.90%	-5.81%	-17.65%	-9.46%	-6.51%	-0.78%	-3.38%	-1.86%	1.98%	6.09%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $430,977K ÷ $1,533,910K
= 28.10%

The pretax margin of Lantheus Holdings Inc has shown significant fluctuations over the observed quarters. Initially, the company experienced a declining trend in its pretax margin from March 2020 to December 2021, ranging from negative percentages to as low as -17.65%.

However, there was a notable turnaround from June 2022 onwards, with the pretax margin improving to reach positive figures. The trend continued to strengthen over the following quarters, particularly peaking at 43.45% in March 2024. This improvement indicates that Lantheus Holdings Inc has been able to enhance its operational efficiency and profitability, thereby generating higher earnings before taxes relative to its revenue during these periods.

Despite some fluctuations, the recent positive growth in pretax margin reflects the company's effective cost management and revenue generation strategies. This turnaround suggests a positive trajectory for the company in terms of profitability and financial performance.