OSI Systems Inc (OSIS)

Pretax margin

		Jun 30, 2024	Mar 31, 2024	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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	161,214	158,003	142,657	117,181	115,238	100,918	125,806	132,364	140,160	132,743	107,544	108,800	98,640	87,905	78,525	78,475	86,122	89,771	97,377	95,389
Revenue (ttm)	US$ in thousands	1,538,758	1,464,019	1,361,502	1,283,864	1,272,725	1,200,950	1,188,538	1,169,622	1,180,808	1,174,471	1,167,781	1,167,109	1,142,760	1,087,192	1,096,288	1,125,621	1,161,565	1,175,951	1,187,352	1,185,215
Pretax margin		10.48%	10.79%	10.48%	9.13%	9.05%	8.40%	10.58%	11.32%	11.87%	11.30%	9.21%	9.32%	8.63%	8.09%	7.16%	6.97%	7.41%	7.63%	8.20%	8.05%

June 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $161,214K ÷ $1,538,758K
= 10.48%

The pretax margin of OSI Systems Inc has shown some fluctuations over the past few quarters. The pretax margin measures the company's ability to generate profit before taxes from its revenue. The trend analysis reveals that OSI Systems Inc's pretax margin has generally been in the range of 8% to 12% over the past two years.

The pretax margin was relatively stable in the range of 11% to 12% in the first half of 2022 but experienced a slight decline in the subsequent quarters. In the most recent quarter, ending June 30, 2024, the pretax margin stood at 10.48%, showing a slight decrease compared to the previous quarter.

Overall, OSI Systems Inc has maintained a reasonable level of pretax margin, indicating efficient cost management and profitability. However, the company may need to monitor any downward trends and implement strategies to sustain or improve its pretax margin in the future.