National Presto Industries Inc (NPK)
Pretax margin
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 66,417 | 50,670 | 41,762 | 40,232 | 39,510 | 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 | 52,802 |
| Revenue (ttm) | US$ in thousands | 446,267 | 388,228 | 351,952 | 343,270 | 337,156 | 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 | 319,422 |
| Pretax margin | 14.88% | 13.05% | 11.87% | 11.72% | 11.72% | 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% | 16.53% |
March 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $66,417K ÷ $446,267K
= 14.88%
The pretax margin of National Presto Industries Inc has exhibited fluctuations over the past few years. It started at a relatively high level of around 16-17% in the second half of 2020 and maintained similar levels through the first half of 2021. However, there was a noticeable decline in the pretax margin in the latter half of 2021 and continued to decrease into the first half of 2022, reaching a low of 6.55%.
From the second half of 2022 onwards, there was some improvement in the pretax margin, with it rebounding to around 12-14% by the first quarter of 2025. Notably, there was a significant increase in the pretax margin from the end of 2023 through the first quarter of 2025, indicating a potential improvement in the company's profitability.
Overall, the pretax margin of National Presto Industries Inc has shown variability over the analyzed periods, with periods of decline followed by recovery. It suggests that the company has experienced changes in its operating efficiency and profitability during the observed timeframe. Further analysis and monitoring of the pretax margin trend will be important to assess the company's financial performance and sustainability.
Peer comparison
Mar 31, 2025