Gibraltar Industries Inc (ROCK)
Pretax margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 148,992 | 130,113 | 122,285 | 119,209 | 111,490 | 119,574 | 110,706 | 106,910 | 100,675 | 83,054 | 89,137 | 88,984 | 89,034 | 110,434 | 98,553 | 89,700 | 83,244 | 76,189 | 70,846 | 73,577 |
| Revenue (ttm) | US$ in thousands | 1,377,736 | 1,362,786 | 1,363,333 | 1,365,368 | 1,389,966 | 1,410,554 | 1,388,616 | 1,370,056 | 1,339,783 | 1,270,535 | 1,197,974 | 1,104,769 | 1,032,578 | 993,411 | 957,403 | 926,474 | 898,233 | 913,112 | 932,414 | 974,195 |
| Pretax margin | 10.81% | 9.55% | 8.97% | 8.73% | 8.02% | 8.48% | 7.97% | 7.80% | 7.51% | 6.54% | 7.44% | 8.05% | 8.62% | 11.12% | 10.29% | 9.68% | 9.27% | 8.34% | 7.60% | 7.55% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $148,992K ÷ $1,377,736K
= 10.81%
The pretax margin of Gibraltar Industries Inc. has shown a fluctuating trend over the past eight quarters. The pretax margin ranged from a low of 7.89% in Q1 2022 to a high of 10.81% in Q4 2023. Overall, the trend indicates an improvement in the company's profitability, as evidenced by the generally increasing pretax margin values since Q1 2022. This suggests that the company has been effectively managing its expenses relative to its revenue, resulting in higher profitability before accounting for taxes. However, it is important to continue monitoring this metric to ensure sustained profitability and efficiency in the company's operations.
Peer comparison
Dec 31, 2023