Oracle Corporation (ORCL)
Pretax margin
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 11,742,000 | 11,069,000 | 10,422,000 | 9,846,000 | 9,127,000 | 9,642,000 | 10,264,000 | 6,624,000 | 7,649,000 | 8,181,000 | 8,617,000 | 13,085,000 | 12,999,000 | 12,539,000 | 12,339,000 | 12,177,000 | 12,064,000 | 12,234,000 | 12,246,000 | 12,210,000 |
| Revenue (ttm) | US$ in thousands | 52,960,000 | 52,432,000 | 51,522,000 | 50,865,000 | 49,953,000 | 75,826,000 | 74,208,000 | 72,479,000 | 70,880,000 | 68,919,000 | 68,584,000 | 68,133,000 | 67,848,000 | 66,437,000 | 66,252,000 | 66,195,000 | 66,165,000 | 66,603,000 | 66,398,000 | 66,292,000 |
| Pretax margin | 22.17% | 21.11% | 20.23% | 19.36% | 18.27% | 12.72% | 13.83% | 9.14% | 10.79% | 11.87% | 12.56% | 19.21% | 19.16% | 18.87% | 18.62% | 18.40% | 18.23% | 18.37% | 18.44% | 18.42% |
May 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $11,742,000K ÷ $52,960,000K
= 22.17%
The pretax margin of Oracle Corporation has shown a consistent upward trend over the past several quarters, indicating an improvement in the company's ability to generate profits before taxes relative to its revenue. The pretax margin increased from 18.42% in November 2019 to 22.17% in May 2024, reaching its highest level during this period. This suggests that Oracle has been effectively managing its operating costs and expenses, resulting in a higher proportion of revenue translating into pre-tax income. Overall, the increasing pretax margin reflects positively on Oracle's operational efficiency and profitability performance.
Peer comparison
May 31, 2024