Regeneron Pharmaceuticals Inc (REGN)

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 4,779,900 4,969,400 4,587,200 4,042,000 4,199,300 4,376,400 4,775,400 4,655,700 4,858,800 6,037,500 6,344,300 9,133,900 9,325,800 8,047,000 7,228,700 4,394,800 3,810,400 3,475,600 3,245,800 2,551,600
Revenue (ttm) US$ in thousands 14,185,900 13,812,700 13,436,900 13,029,000 13,044,200 13,025,200 12,601,200 12,306,100 12,113,500 13,654,100 14,171,800 16,451,800 16,014,400 13,499,700 12,328,800 9,147,000 8,455,000 8,201,600 7,974,500 7,957,900
Pretax margin 33.69% 35.98% 34.14% 31.02% 32.19% 33.60% 37.90% 37.83% 40.11% 44.22% 44.77% 55.52% 58.23% 59.61% 58.63% 48.05% 45.07% 42.38% 40.70% 32.06%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,779,900K ÷ $14,185,900K
= 33.69%

Regeneron Pharmaceuticals Inc's pretax margin has shown fluctuations over the provided time period. The pretax margin increased steadily from March 2020 to December 2021, reaching its peak at 59.61% in September 2021. However, the pretax margin started to decline from March 2022 onwards, dropping to 31.02% by March 2024. The company experienced a slight recovery in the pretax margin in June 2024 but ended the period at 33.69% in December 2024. Overall, the trend indicates that Regeneron Pharmaceuticals Inc's profitability before taxes has been volatile, with periods of growth followed by declines in the pretax margin.