Perficient Inc (PRFT)
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 | 136,458 | 140,356 | 140,953 | 144,432 | 140,961 | 103,012 | 94,608 | 78,745 | 62,483 | 75,290 | 59,639 | 46,614 | 40,329 | 42,464 | 47,838 | 49,672 | 47,941 | 43,793 | 38,326 | 34,725 |
Revenue (ttm) | US$ in thousands | 906,505 | 918,304 | 922,718 | 914,351 | 905,062 | 887,193 | 852,099 | 813,497 | 760,727 | 708,551 | 669,372 | 631,575 | 607,796 | 590,401 | 581,744 | 577,274 | 565,527 | 552,070 | 531,319 | 511,248 |
Pretax margin | 15.05% | 15.28% | 15.28% | 15.80% | 15.57% | 11.61% | 11.10% | 9.68% | 8.21% | 10.63% | 8.91% | 7.38% | 6.64% | 7.19% | 8.22% | 8.60% | 8.48% | 7.93% | 7.21% | 6.79% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $136,458K ÷ $906,505K
= 15.05%
Perficient Inc.'s pretax margin has displayed a generally positive trend over the past eight quarters, ranging from 9.68% to 15.80%. The company's pretax margin improved consistently from Q1 2022 to Q1 2023, indicating effective cost management and operational efficiency. The latest figure of 15.06% in Q4 2023 suggests that Perficient Inc. continues to operate profitably, although there was a slight decrease from the preceding quarter. Overall, the company has maintained a healthy level of profitability as reflected by its pretax margin performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
Perficient Inc
PRFT
15.05%
Aspen Technology Inc
AZPN
-3.89%
Cognizant Technology Solutions Corp Class A
CTSH
14.44%
Doximity Inc
DOCS
38.96%
EPAM Systems Inc
EPAM
11.52%
Synaptics Incorporated
SYNA
-13.93%
VeriSign Inc
VRSN
65.40%