Portland General Electric Co (POR)

Pretax margin

		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	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	273,000	244,000	261,000	289,000	272,000	289,000	274,000	233,000	267,000	252,000	153,000	161,000	155,000	167,000	272,000	256,000	241,000	216,000	217,000	241,000
Revenue (ttm)	US$ in thousands	2,923,000	2,885,000	2,826,000	2,769,000	2,647,000	2,568,000	2,467,000	2,413,000	2,396,000	2,344,000	2,249,000	2,181,000	2,145,000	2,137,000	2,132,000	2,123,000	2,123,000	2,099,000	2,082,000	2,071,000
Pretax margin		9.34%	8.46%	9.24%	10.44%	10.28%	11.25%	11.11%	9.66%	11.14%	10.75%	6.80%	7.38%	7.23%	7.81%	12.76%	12.06%	11.35%	10.29%	10.42%	11.64%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $273,000K ÷ $2,923,000K
= 9.34%

Portland General Electric Co's pretax margin has shown variability over the past eight quarters, ranging from 8.46% to 11.25%. In Q4 2023, the pretax margin was 9.34%, a slight increase from the previous quarter but lower than the peaks seen in Q3 and Q4 2022. Despite this fluctuation, the company has generally maintained a pretax margin above 9% in recent quarters, indicating reasonable profitability before accounting for taxes. Further analysis and comparison with industry benchmarks may provide additional insights into the company's financial performance and efficiency.