Nu Skin Enterprises Inc (NUS)
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 | 26,594 | 41,584 | 47,071 | 52,866 | 88,970 | 83,050 | 180,143 | 218,620 | 232,423 | 305,421 | 312,045 | 290,336 | 256,232 | 218,377 | 208,537 | 219,758 | 255,169 | 215,768 | 224,501 | 225,224 |
| Revenue (ttm) | US$ in thousands | 1,944,626 | 1,990,615 | 2,029,718 | 2,090,140 | 2,210,639 | 2,364,066 | 2,468,741 | 2,613,985 | 2,687,485 | 2,763,351 | 2,825,346 | 2,732,970 | 2,569,220 | 2,401,760 | 2,287,272 | 2,297,348 | 2,406,817 | 2,496,665 | 2,582,043 | 2,662,733 |
| Pretax margin | 1.37% | 2.09% | 2.32% | 2.53% | 4.02% | 3.51% | 7.30% | 8.36% | 8.65% | 11.05% | 11.04% | 10.62% | 9.97% | 9.09% | 9.12% | 9.57% | 10.60% | 8.64% | 8.69% | 8.46% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $26,594K ÷ $1,944,626K
= 1.37%
Nu Skin Enterprises, Inc.'s pretax margin has been fluctuating over the past eight quarters. The pretax margin decreased from 4.00% in Q4 2022 to 1.35% in Q4 2023, reflecting a significant decline in profitability. This downward trend continued into Q1 2023 with a pretax margin of 2.51%, further indicating a decrease in the company's profitability. However, there was a slight improvement in Q2 and Q3 2023, with pretax margins of 2.31% and 2.08% respectively, but they remained relatively low compared to previous periods. Notably, the pretax margin was highest in Q1 and Q2 2022, reaching 8.33% and 7.26% respectively, suggesting stronger profitability during that period. Overall, Nu Skin Enterprises, Inc. has experienced varying levels of profitability, with recent quarters showing a reduction in pretax margin compared to the same quarters in the previous year.
Peer comparison
Dec 31, 2023