ePlus inc (PLUS)
Pretax margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 148,839 | 144,178 | 150,430 | 152,113 | 161,093 | 172,253 | 183,205 | 178,466 | 162,974 | 155,057 | 141,602 | 145,339 | 146,884 | 135,529 | 129,695 | 114,386 | 106,906 | 101,486 | 98,672 | 98,338 |
| Revenue (ttm) | US$ in thousands | 1,700,308 | 1,753,955 | 1,752,045 | 2,191,665 | 2,222,602 | 2,163,018 | 2,277,439 | 2,183,534 | 2,067,718 | 2,027,060 | 1,898,418 | 1,862,729 | 1,821,019 | 1,722,107 | 1,654,877 | 1,629,941 | 1,568,323 | 1,582,192 | 1,583,579 | 1,562,063 |
| Pretax margin | 8.75% | 8.22% | 8.59% | 6.94% | 7.25% | 7.96% | 8.04% | 8.17% | 7.88% | 7.65% | 7.46% | 7.80% | 8.07% | 7.87% | 7.84% | 7.02% | 6.82% | 6.41% | 6.23% | 6.30% |
March 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $148,839K ÷ $1,700,308K
= 8.75%
The pretax margin of ePlus inc has shown fluctuations over the periods indicated in the data. From June 30, 2020, to March 31, 2021, the pretax margin increased steadily from 6.30% to 6.82%. There was a notable spike in the pretax margin between March 31, 2022, and June 30, 2022, reaching 8.07%. However, there was a slight decrease in the pretax margin in the subsequent quarters.
The pretax margin then fluctuated between 7.46% and 8.17% from September 30, 2022, to June 30, 2023. From September 30, 2023, to September 30, 2024, the margin saw increased volatility, with figures ranging from 7.96% to 8.59%. Notably, the pretax margin reached its peak at 9.40% on March 31, 2025.
Overall, the pretax margin of ePlus inc has shown variability over the periods provided, with some quarters exhibiting stronger profitability before experiencing fluctuations in subsequent periods. This metric is an essential indicator of the company's operational efficiency and profitability before accounting for taxes, reflecting its ability to generate earnings from its core operations.
Peer comparison
Mar 31, 2025