PTC Inc (PTC)

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	468,962	387,264	396,417	331,741	332,566	381,397	405,649	428,146	397,098	429,242	386,933	369,724	391,755	277,614	263,661	193,082	134,706	113,108	68,107	18,909
Revenue (ttm)	US$ in thousands	2,232,988	2,118,576	2,106,443	2,036,814	1,972,671	1,913,566	1,856,952	1,849,196	1,844,311	1,850,753	1,824,465	1,780,355	1,753,119	1,670,686	1,580,139	1,458,146	1,384,554	1,327,312	1,278,925	1,229,995
Pretax margin		21.00%	18.28%	18.82%	16.29%	16.86%	19.93%	21.84%	23.15%	21.53%	23.19%	21.21%	20.77%	22.35%	16.62%	16.69%	13.24%	9.73%	8.52%	5.33%	1.54%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $468,962K ÷ $2,232,988K
= 21.00%

The pretax margin of PTC Inc has shown some fluctuations over the past few quarters. The pretax margin, which represents the company's profitability before taxes, stood at 21.00% in September 2024, showing a slight increase from the previous quarter's 18.28%. This improvement may indicate better cost management or increased revenue generation.

Looking back over the last year, the pretax margin has varied between 13.24% and 23.19%. This variability could suggest fluctuations in the company's expenses, revenues, or a combination of both factors. The highest pretax margin of 23.19% was recorded in June 2022, followed closely by 23.15% in December 2022.

On the other hand, the lowest pretax margin of 1.54% was reported in December 2019, indicating potential challenges or inefficiencies in the company's operations during that period. It's noteworthy that the pretax margin has generally shown an increasing trend since then, with occasional minor dips along the way.

Overall, the pretax margin trend of PTC Inc reflects its ability to manage costs efficiently and generate profits before accounting for taxes. However, investors and stakeholders may want to monitor these fluctuations closely to assess the company's financial performance and sustainability.