Rockwell Automation Inc (ROK)
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 | 1,506,800 | 1,717,900 | 1,712,000 | 1,586,000 | 1,274,800 | 1,086,700 | 686,200 | 654,700 | 1,121,500 | 1,540,000 | 1,830,400 | 1,852,700 | 1,510,000 | 1,136,300 | 894,100 | 877,400 | 1,110,100 | 901,000 | 1,326,300 | 1,256,600 |
| Revenue (ttm) | US$ in thousands | 9,134,800 | 9,203,000 | 8,773,300 | 8,412,100 | 7,887,500 | 7,627,800 | 7,344,400 | 7,240,700 | 7,215,500 | 6,930,800 | 6,691,200 | 6,234,000 | 6,137,000 | 6,252,500 | 6,412,700 | 6,682,400 | 6,660,100 | 6,622,300 | 6,621,600 | 6,682,000 |
| Pretax margin | 16.50% | 18.67% | 19.51% | 18.85% | 16.16% | 14.25% | 9.34% | 9.04% | 15.54% | 22.22% | 27.36% | 29.72% | 24.60% | 18.17% | 13.94% | 13.13% | 16.67% | 13.61% | 20.03% | 18.81% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,506,800K ÷ $9,134,800K
= 16.50%
The pretax margin, a key profitability ratio, reflects Rockwell Automation Inc's ability to generate earnings before taxes relative to its total revenue. Over the past eight quarters, the pretax margin has displayed fluctuating trends. It declined from 15.97% in December 2022 to 9.03% in June 2022, indicating a deterioration in profitability. However, the pretax margin experienced a significant recovery, reaching 19.68% in June 2023 before moderating to 15.34% in December 2023. This improvement suggests enhanced efficiency in cost management and revenue generation. Overall, Rockwell Automation Inc's inconstant pretax margin implies a varying ability to generate profit before accounting for taxes.
Peer comparison
Dec 31, 2023