Post Holdings Inc (POST)
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 | 471,800 | 468,900 | 453,800 | 401,000 | 401,000 | 432,300 | 521,100 | 992,500 | 842,300 | 741,100 | 501,100 | 95,200 | 233,200 | 255,500 | 331,300 | -45,700 | -20,500 | -172,500 | -189,900 | 81,000 |
| Revenue (ttm) | US$ in thousands | 7,922,700 | 7,858,000 | 7,769,700 | 7,390,600 | 6,991,000 | 6,624,700 | 6,290,200 | 6,080,000 | 5,851,200 | 5,628,000 | 5,350,600 | 5,142,400 | 5,262,900 | 5,318,300 | 5,407,200 | 5,699,900 | 5,698,700 | 5,730,200 | 5,833,000 | 5,726,600 |
| Pretax margin | 5.96% | 5.97% | 5.84% | 5.43% | 5.74% | 6.53% | 8.28% | 16.32% | 14.40% | 13.17% | 9.37% | 1.85% | 4.43% | 4.80% | 6.13% | -0.80% | -0.36% | -3.01% | -3.26% | 1.41% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $471,800K ÷ $7,922,700K
= 5.96%
The pretax margin of Post Holdings Inc has exhibited some fluctuations over the past few quarters. In the most recent quarter ending September 30, 2024, the pretax margin was 5.96%, showing a slight increase from the previous quarter's 5.97%. However, compared to the same quarter in the previous year, the pretax margin has declined from 6.53% to 5.96%.
Looking further back, there was a significant drop in pretax margin to 1.85% in the fourth quarter of 2021, followed by a recovery to 16.32% in the first quarter of 2022. Subsequently, the pretax margin showed a decreasing trend before stabilizing around the 5-6% range in recent quarters.
It is worth noting that the company experienced negative pretax margins in the last two quarters of 2020, indicating operational challenges during that period. However, Post Holdings Inc has since improved its profitability, albeit with fluctuations. Overall, the pretax margin trend suggests that the company has been able to maintain a moderate level of profitability in recent quarters, although there have been fluctuations in the margins.
Peer comparison
Sep 30, 2024