Rockwell Automation Inc (ROK)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,099,100 | 1,608,500 | 1,073,600 | 1,526,200 | 1,136,100 |
| Revenue | US$ in thousands | 8,262,100 | 9,052,000 | 7,759,700 | 6,995,500 | 6,330,500 |
| Pretax margin | 13.30% | 17.77% | 13.84% | 21.82% | 17.95% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,099,100K ÷ $8,262,100K
= 13.30%
The pretax margin of Rockwell Automation Inc has fluctuated over the past five years, with a downward trend evident from 22.22% in 2021 to 13.36% in 2024. This indicates that the company's pre-tax profitability relative to its total revenue has decreased over the specified period. The drop in pretax margin could be attributed to various factors such as changes in operating expenses, cost structure, revenue mix, or efficiency levels. It is essential for the company to closely monitor and analyze these drivers to identify opportunities for improvement and sustain profitability in the future.
Peer comparison
Sep 30, 2024
Company name
Symbol
Pretax margin
Rockwell Automation Inc
ROK
13.30%
Emerson Electric Company
EMR
11.55%
Enerpac Tool Group Corp
EPAC
19.57%
Mirion Technologies Inc
MIR
-3.94%
Mueller Water Products
MWA
17.78%