ePlus inc (PLUS)
Pretax margin
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 95,959 |
| Revenue (ttm) | US$ in thousands | 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 | 1,588,404 |
| Pretax margin | 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% | 6.04% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $144,178K ÷ $1,753,955K
= 8.22%
The pretax margin of ePlus inc has shown some fluctuations over the past few years, ranging from a low of 6.04% as of March 31, 2020, to a high of 8.59% as of September 30, 2024. The trend seems to be generally positive, with an increasing trend from March 31, 2022 to June 30, 2023, reaching a peak of 8.17%. However, there was a slight dip in pretax margin by the end of June 2024 to 6.94%, followed by a significant increase to 8.59% by September 30, 2024. It is worth monitoring the pretax margin closely to understand the factors driving these fluctuations and to ensure the company's profitability remains sustainable over time.
Peer comparison
Dec 31, 2024