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	1,104,300	1,717,900	1,086,700	1,540,000	1,136,300
Revenue	US$ in thousands	8,264,600	9,203,900	7,500,200	6,930,300	6,216,700
Pretax margin		13.36%	18.66%	14.49%	22.22%	18.28%

September 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $1,104,300K ÷ $8,264,600K
= 13.36%

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

13.36%

Onto Innovation Inc

ONTO

16.25%

Thermo Fisher Scientific Inc