ePlus inc (PLUS)
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 | 161,077 | 172,237 | 183,189 | 178,466 | 162,983 | 155,066 | 141,611 | 145,348 | 146,884 | 135,529 | 129,695 | 114,386 | 106,906 | 101,486 | 98,672 | 98,338 | 95,959 | 98,339 | 91,821 | 88,378 |
| Revenue (ttm) | US$ in thousands | 2,225,302 | 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 | 1,588,404 | 1,547,362 | 1,464,035 | 1,397,513 |
| Pretax margin | 7.24% | 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% | 6.04% | 6.36% | 6.27% | 6.32% |
March 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $161,077K ÷ $2,225,302K
= 7.24%
The pretax margin of ePlus inc has shown a fluctuating trend over the past several quarters, ranging from 6.23% to 8.17%. The company's highest pretax margin was observed in the quarter ending Sep 30, 2023 at 8.04%, while the lowest was recorded in the quarter ending Jun 30, 2021 at 6.41%.
Despite these fluctuations, the overall trend indicates that ePlus inc has generally been able to maintain a pretax margin above 6% over the past few years. This suggests that the company has been relatively successful in managing its expenses and generating profits before accounting for income taxes.
It is important to monitor the pretax margin trend over time to understand the company's financial performance and evaluate its efficiency in generating profits.
Peer comparison
Mar 31, 2024