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 | ||
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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