Stride Inc (LRN)
Pretax margin
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 268,665 | 247,624 | 228,267 | 208,806 | 172,213 | 152,800 | 137,448 | 125,815 | 147,218 | 125,284 | 99,713 | 76,924 | 95,990 | 86,933 | 66,042 | 61,885 | 33,047 | 29,590 | 40,721 | 42,521 |
| Revenue (ttm) | US$ in thousands | 2,036,610 | 1,987,713 | 1,937,438 | 1,890,964 | 1,836,068 | 1,806,731 | 1,758,305 | 1,709,439 | 1,684,896 | 1,625,762 | 1,596,760 | 1,564,135 | 1,535,397 | 1,408,686 | 1,273,532 | 1,154,604 | 1,040,639 | 1,029,236 | 1,025,395 | 1,022,758 |
| Pretax margin | 13.19% | 12.46% | 11.78% | 11.04% | 9.38% | 8.46% | 7.82% | 7.36% | 8.74% | 7.71% | 6.24% | 4.92% | 6.25% | 6.17% | 5.19% | 5.36% | 3.18% | 2.87% | 3.97% | 4.16% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $268,665K ÷ $2,036,610K
= 13.19%
The pretax margin of Stride Inc has shown a generally increasing trend over the past few quarters, indicating improved profitability before taxes. The company's pretax margin increased from 3.18% in March 2020 to 13.19% in June 2024. This upward trend suggests that the company has been effective in controlling its operating costs and improving its operational efficiency. It is important to note that there were fluctuations in the pretax margin over this period, which may be influenced by various factors such as changes in revenue, expenses, and tax policies. Overall, the increasing pretax margin is a positive indicator of the company's financial performance and management effectiveness in generating profits relative to its revenue.
Peer comparison
Jun 30, 2024