NetScout Systems Inc (NTCT)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -144,510 | 68,415 | 42,892 | 22,304 | 1,924 |
| Revenue | US$ in thousands | 829,455 | 914,530 | 855,575 | 831,282 | 891,820 |
| Pretax margin | -17.42% | 7.48% | 5.01% | 2.68% | 0.22% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-144,510K ÷ $829,455K
= -17.42%
The pretax margin of NetScout Systems Inc has shown fluctuations over the past five years. In the most recent fiscal year ending March 31, 2024, the company reported a pretax margin of -17.42%, indicating a negative profitability before taxes. This represents a significant decrease from the previous year when the pretax margin was 7.48%.
Comparing the current pretax margin to earlier years, we observe a positive trend in profitability from 2020 to 2023, with the pretax margin increasing gradually from 0.22% in 2020 to 7.48% in 2023. However, the significant decline in the pretax margin in 2024 raises concerns about the company's ability to generate profits before accounting for taxes.
Overall, the pretax margin of NetScout Systems Inc has been volatile, reflecting fluctuations in the company's operating efficiency and cost management strategies. Investors and stakeholders may need to further investigate the factors contributing to the recent sharp decrease in pretax margin to assess the company's financial performance and sustainability.
Peer comparison
Mar 31, 2024