Plexus Corp (PLXS)

Pretax margin

		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	Dec 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	129,504	130,487	117,560	146,423	161,013	171,533	197,434	180,940	158,278	140,790	130,424	145,579	160,440	166,419	175,149	142,768	135,406	123,424	111,500	126,076
Revenue (ttm)	US$ in thousands	8,027,970	7,967,250	8,076,800	8,280,050	8,504,910	8,708,450	8,637,650	8,274,130	7,722,450	7,163,770	6,826,830	6,806,620	6,834,190	6,966,280	6,170,144	5,153,548	4,322,097	3,287,362	4,058,528	4,895,824
Pretax margin		1.61%	1.64%	1.46%	1.77%	1.89%	1.97%	2.29%	2.19%	2.05%	1.97%	1.91%	2.14%	2.35%	2.39%	2.84%	2.77%	3.13%	3.75%	2.75%	2.58%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $129,504K ÷ $8,027,970K
= 1.61%

Plexus Corp's pretax margin has shown fluctuations over the past few quarters. The pretax margin, which represents the profitability of the company before accounting for taxes, was on a downward trend from the end of 2019 to the beginning of 2023, reaching a low of 1.46% in March 2024.

However, there was a slight improvement in the pretax margin in the recent quarters, with it showing an upward trend, reaching 1.61% in the most recent quarter. The fluctuation in pretax margin may indicate changes in the company's cost structure, pricing strategies, or operational efficiency.

It is essential for Plexus Corp to maintain a healthy pretax margin to ensure sustainable profitability and financial stability in the long run. Continued monitoring and analysis of the factors influencing the pretax margin will be crucial for the company's financial performance moving forward.