Post Holdings Inc (POST)

Pretax margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	471,800	401,000	842,300	224,900	-20,500
Revenue	US$ in thousands	7,922,700	6,991,000	5,851,200	4,980,700	4,711,000
Pretax margin		5.96%	5.74%	14.40%	4.52%	-0.44%

September 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $471,800K ÷ $7,922,700K
= 5.96%

The pretax margin of Post Holdings Inc has fluctuated over the past five years. In 2024, the pretax margin increased to 5.96% from 5.74% in 2023. However, it was notably lower compared to 14.40% in 2022. The pretax margin was also positive in 2021 at 4.52%, indicating profitability before taxes. In 2020, the company experienced a negative pretax margin of -0.44%, which suggests that expenses outweighed revenues. Further analysis would be needed to understand the factors driving these fluctuations in the pretax margin over the years.

Peer comparison

Sep 30, 2024

Company name

Symbol

Pretax margin

Post Holdings Inc

POST

5.96%

General Mills Inc

GIS

151.69%

Ingredion Incorporated