Perrigo Company PLC (PRGO)

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 -205,100 -207,700 -111,200 -8,300 31,700 9,000 -121,800 -139,100 -114,900 277,500 228,700 258,700 40,600 -476,000 -247,100 -149,400 24,600 249,600 204,800 171,000
Revenue (ttm) US$ in thousands 4,392,400 4,428,700 4,556,100 4,655,500 4,653,900 4,630,300 4,558,900 4,451,700 4,401,300 4,343,800 4,203,200 4,138,700 4,323,300 4,494,300 4,732,300 5,063,300 5,096,600 5,074,000 5,003,900 4,837,400
Pretax margin -4.67% -4.69% -2.44% -0.18% 0.68% 0.19% -2.67% -3.12% -2.61% 6.39% 5.44% 6.25% 0.94% -10.59% -5.22% -2.95% 0.48% 4.92% 4.09% 3.53%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-205,100K ÷ $4,392,400K
= -4.67%

Perrigo Company PLC's pretax margin has exhibited fluctuations over the past 16 quarters. The pretax margin, which represents the percentage of each dollar of revenue that translates into pre-tax profit, was negative in the most recent two quarters (-4.67% in Sep 2024 and -4.69% in Jun 2024). This suggests that the company's expenses exceeded its operating income during these periods.

The pretax margin had also been negative in Mar 2024 (-2.44%) and Dec 2023 (-0.18%), indicating challenges in profitability during those periods. However, the company managed to achieve positive pretax margins in the preceding quarters, with the highest being 6.39% in Jun 2022.

Overall, the pretax margin trend for Perrigo Company PLC shows variability, with both positive and negative margins recorded in recent quarters. This suggests fluctuations in the company's profitability performance and highlights the importance of monitoring cost management and revenue generation strategies to improve overall financial health.


Peer comparison

Sep 30, 2024