National Presto Industries Inc (NPK)
Pretax margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 42,431 | 29,211 | 31,951 | 33,461 | 25,944 | 27,614 | 21,311 | 24,572 | 32,459 | 46,730 | 56,714 | 61,101 | 59,988 | 57,791 | 62,840 | 56,836 | 53,986 | 54,837 | 42,686 | 45,802 |
| Revenue (ttm) | US$ in thousands | 340,912 | 356,544 | 343,086 | 341,278 | 321,623 | 307,982 | 325,524 | 335,504 | 355,777 | 361,292 | 368,004 | 368,018 | 352,627 | 341,614 | 325,683 | 310,296 | 308,510 | 299,212 | 302,859 | 310,341 |
| Pretax margin | 12.45% | 8.19% | 9.31% | 9.80% | 8.07% | 8.97% | 6.55% | 7.32% | 9.12% | 12.93% | 15.41% | 16.60% | 17.01% | 16.92% | 19.29% | 18.32% | 17.50% | 18.33% | 14.09% | 14.76% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $42,431K ÷ $340,912K
= 12.45%
The pretax margin of National Presto Industries Inc has shown fluctuations over the past few quarters. The pretax margin represents the percentage of revenue that remains as income before taxes are deducted. In the latest quarter, ending December 31, 2023, the pretax margin was 12.45%, indicating that the company retained about 12.45% of its revenue as income before taxes.
Looking at the trend, the pretax margin has varied between 6.55% and 19.29% over the past two years. In general, a higher pretax margin signifies that the company is operating more efficiently and generating a healthier level of profitability. On the contrary, a lower pretax margin may suggest higher operating costs or lower revenue generation.
The fluctuation in the pretax margin could be attributed to various factors such as changes in costs, pricing strategies, economic conditions, or operational efficiency. It is important for stakeholders to monitor this ratio closely as it provides insights into the company's operational performance and profitability before accounting for tax-related expenses.
Peer comparison
Dec 31, 2023