Prestige Brand Holdings Inc (PBH)

Pretax margin

		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	Jun 30, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	276,025	-90,819	-92,277	-96,099	-93,915	266,572	263,948	256,985	262,458	241,866	230,049	222,315	204,113	214,275	211,153	203,269	191,151	-38,414	-37,972	-38,465
Revenue (ttm)	US$ in thousands	1,125,357	1,134,235	1,127,018	1,129,975	1,127,725	1,108,792	1,107,738	1,094,690	1,086,812	1,057,637	1,021,955	983,152	943,365	956,839	959,603	960,250	963,010	952,801	952,663	953,951
Pretax margin		24.53%	-8.01%	-8.19%	-8.50%	-8.33%	24.04%	23.83%	23.48%	24.15%	22.87%	22.51%	22.61%	21.64%	22.39%	22.00%	21.17%	19.85%	-4.03%	-3.99%	-4.03%

March 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $276,025K ÷ $1,125,357K
= 24.53%

The pretax margin of Prestige Brand Holdings Inc has shown fluctuating trends over the period in question. The pretax margin was positive in most of the quarters, indicating the company's ability to generate profits before taxes. However, there were a few quarters where the company reported negative pretax margins, which could be a cause for concern.

In the most recent quarter (Mar 31, 2024), the pretax margin was 24.53%, showing a significant improvement compared to the previous quarter (Dec 31, 2023) when it was -8.01%. This suggests that the company might have implemented successful cost-control measures or improved revenue generation strategies.

Overall, the trend in the pretax margin for Prestige Brand Holdings Inc seems to be volatile, with fluctuations in profitability levels. It would be essential for investors and stakeholders to closely monitor the company's financial performance to understand the underlying factors influencing these fluctuations.