OSI Systems Inc (OSIS)

Pretax margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	161,214	115,238	140,160	98,640	86,122
Revenue	US$ in thousands	1,533,660	1,280,430	1,211,210	1,145,600	1,162,640
Pretax margin		10.51%	9.00%	11.57%	8.61%	7.41%

June 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $161,214K ÷ $1,533,660K
= 10.51%

OSI Systems Inc's pretax margin has been relatively stable over the past five years. The company's pretax margin ranged from 7.41% in FY 2020 to 11.57% in FY 2022. In the most recent fiscal year ending June 30, 2024, the pretax margin increased to 10.51% compared to the previous year's 9.00%. This indicates an improvement in the company's profitability before accounting for taxes in the latest fiscal year. Overall, OSI Systems Inc has shown a consistent ability to generate profits before tax, with fluctuations over the years but generally maintaining a healthy pretax margin.