Manhattan Associates Inc (MANH)

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 266,814 263,862 242,647 225,069 213,671 199,472 182,667 170,639 158,121 139,499 143,483 143,650 134,072 134,702 126,421 113,292 113,776 111,089 112,811 113,788
Revenue (ttm) US$ in thousands 1,049,306 1,029,374 1,001,134 966,832 932,473 886,637 846,297 807,205 766,825 740,588 711,672 685,862 663,650 639,619 620,191 589,707 587,495 593,342 605,860 624,571
Pretax margin 25.43% 25.63% 24.24% 23.28% 22.91% 22.50% 21.58% 21.14% 20.62% 18.84% 20.16% 20.94% 20.20% 21.06% 20.38% 19.21% 19.37% 18.72% 18.62% 18.22%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $266,814K ÷ $1,049,306K
= 25.43%

Manhattan Associates Inc's pretax margin has shown a generally positive trend over the years, indicating efficient cost management and profitability. From March 31, 2020, to December 31, 2024, the pretax margin has increased steadily, with fluctuations in some periods but overall showing improvement. The margin ranged from 18.22% in March 2020 to 25.43% in December 2024.

The company experienced a notable increase in pretax margin from September 2023 to December 2024, reaching its peak at 25.63% in September 2024. This upward trend suggests that Manhattan Associates Inc has been effectively controlling its operating expenses and generating higher profits before taxes.

However, there was a slight dip in the pretax margin from December 2024 to March 2025, which may require further analysis to understand the underlying reasons. Overall, the increasing pretax margin reflects the company's ability to generate more earnings for every dollar of sales before accounting for taxes and indicates a positive financial performance trajectory.