Arcus Biosciences Inc (RCUS)

Pretax margin

Dec 31, 2024 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands -282,000 -269,000 -246,000 -227,000 -301,000 -288,000 -284,000 -277,000 -266,000 82,538 69,563 60,593 55,000 -278,391 -198,594 -167,698 -122,858 -87,603 -111,777 -94,793
Revenue (ttm) US$ in thousands 258,000 263,000 247,000 237,000 117,000 119,355 121,236 118,995 112,000 433,144 408,724 399,137 398,304 53,292 108,361 92,939 77,517 77,780 15,000 15,000
Pretax margin -109.30% -102.28% -99.60% -95.78% -257.26% -241.30% -234.25% -232.78% -237.50% 19.06% 17.02% 15.18% 13.81% -522.39% -183.27% -180.44% -158.49% -112.63% -745.18% -631.95%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-282,000K ÷ $258,000K
= -109.30%

The pretax margin of Arcus Biosciences Inc shows a fluctuating trend over the specified period, starting from extremely negative values in 2020 and gradually improving to positive values in 2021 and 2022. However, the margin dips back into negative territory in 2023 and 2024. This erratic pattern indicates volatility in the company's ability to generate profits before taxes relative to its revenue during these periods. Further analysis of the underlying financial performance and cost structures would be necessary to understand the factors driving these fluctuations and to assess the company's overall financial health and profitability over time.