Plexus Corp (PLXS)

Pretax margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Earnings before tax but after interest (EBT)	US$ in thousands	161,013	158,303	160,411	135,397	125,955
Revenue	US$ in thousands	8,496,620	7,722,450	6,834,190	6,875,610	6,448,530
Pretax margin		1.90%	2.05%	2.35%	1.97%	1.95%

September 30, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $161,013K ÷ $8,496,620K
= 1.90%

The pretax margin of Plexus Corp. has shown some fluctuations over the last five years. In September 2023, the pretax margin was 3.82%, a decrease from the previous year's 4.15%. This decline suggests that the company's profitability before taxes has decreased. However, it's worth noting that the pretax margin was higher in 2021 at 4.76% compared to 2020 and 2019, indicating a better performance in generating earnings compared to the previous years. Overall, the trend in pretax margin reflects some variability in the company's ability to generate profits before accounting for taxes.