Insight Enterprises Inc (NSIT)

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	377,854	358,851	355,575	366,170	374,433	354,203	351,835	310,514	292,557	281,530	258,188	242,519	228,452	212,114	198,314	202,879	211,716	210,851	216,799	218,819
Revenue (ttm)	US$ in thousands	9,142,340	9,414,780	9,676,330	10,062,510	10,391,690	10,454,800	10,369,350	9,855,280	9,395,600	9,121,090	8,611,260	8,349,860	8,298,980	8,303,360	8,280,850	8,154,080	7,701,790	7,161,530	6,997,740	6,998,080
Pretax margin		4.13%	3.81%	3.67%	3.64%	3.60%	3.39%	3.39%	3.15%	3.11%	3.09%	3.00%	2.90%	2.75%	2.55%	2.39%	2.49%	2.75%	2.94%	3.10%	3.13%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $377,854K ÷ $9,142,340K
= 4.13%

Insight Enterprises Inc. has demonstrated a consistent increase in pretax margin over the past eight quarters, indicating improving profitability. The pretax margin steadily rose from 3.14% in Q1 2022 to 4.12% in Q4 2023. This upward trend suggests effective cost management and operational efficiency within the company, leading to higher profitability before accounting for taxes. The company has been able to generate more profit from its operations relative to its total revenue, which bodes well for its financial performance and long-term sustainability.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Insight Enterprises Inc

NSIT

4.13%