ePlus inc (PLUS)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 161,093 | 162,974 | 146,884 | 106,906 | 95,959 |
| Revenue | US$ in thousands | 2,225,300 | 2,067,720 | 1,821,020 | 1,568,320 | 1,588,400 |
| Pretax margin | 7.24% | 7.88% | 8.07% | 6.82% | 6.04% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $161,093K ÷ $2,225,300K
= 7.24%
The pretax margin of ePlus inc has been relatively stable over the past five years, ranging from 6.04% to 8.07%. The company's ability to generate earnings before taxes as a percentage of its total revenue has shown consistency, with a slight dip in the most recent year. This indicates efficient cost management and operational performance, although there may be room for improvement to increase profitability. Overall, the pretax margin of ePlus inc reflects a decent performance in effectively controlling costs and maximizing operating efficiency during the period under review.
Peer comparison
Mar 31, 2024