Liquidity Services Inc (LQDT)

Pretax margin

		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	Dec 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	27,259	27,740	28,068	26,690	29,018	31,384	40,945	48,156	47,654	44,487	34,744	27,382	27,579	24,955	16,529	6,667	-2,882	-13,610	-18,139	-17,978
Revenue (ttm)	US$ in thousands	367,189	340,090	327,239	317,224	317,482	311,747	299,959	286,259	280,398	275,343	275,513	269,007	258,140	243,702	221,755	213,011	206,885	209,785	219,114	223,264
Pretax margin		7.42%	8.16%	8.58%	8.41%	9.14%	10.07%	13.65%	16.82%	17.00%	16.16%	12.61%	10.18%	10.68%	10.24%	7.45%	3.13%	-1.39%	-6.49%	-8.28%	-8.05%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $27,259K ÷ $367,189K
= 7.42%

The pretax margin of Liquidity Services Inc has shown fluctuations over the past few quarters. In the most recent quarter, the pretax margin stood at 7.42%, indicating that the company generated $7.42 in pretax profit for every $100 in revenue. This was a decrease from the previous quarter's pretax margin of 8.16%.

Looking back at historical data, the pretax margin has ranged from negative figures to as high as 17%. In general, the trend has shown some volatility, with peaks and troughs in the figures. It is important to note that a lower pretax margin may indicate decreased profitability, while a higher pretax margin suggests improved efficiency in generating profit before accounting for taxes.

Further analysis and monitoring of the pretax margin trend will be crucial to understanding the company's operational efficiency and overall financial performance in the future.