Rockwell Automation Inc (ROK)

Pretax margin

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 Dec 31, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 1,104,300 1,243,900 1,461,300 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
Revenue (ttm) US$ in thousands 8,183,200 8,700,500 8,933,800 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
Pretax margin 13.49% 14.30% 16.36% 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%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,104,300K ÷ $8,183,200K
= 13.49%

The pretax margin of Rockwell Automation Inc has shown fluctuations over the past several quarters. The pretax margin represents the company's efficiency in generating profits before accounting for taxes, with higher percentages indicating better profitability.

Looking at the data, the pretax margin ranged from a low of 9.04% in June 2022 to a high of 29.72% in March 2021. In recent quarters, the pretax margin has been relatively stable, hovering around the mid-teens to low twenties.

The decline in pretax margin in the mid-2022 period may indicate challenges in controlling costs or generating revenue, which seems to have improved in the subsequent quarters. However, it's important to note that a single financial ratio like pretax margin should be analyzed in conjunction with other financial metrics to get a comprehensive view of the company's financial performance.


Peer comparison

Sep 30, 2024

Company name
Symbol
Pretax margin
Rockwell Automation Inc
ROK
13.49%
Onto Innovation Inc
ONTO
16.25%
Thermo Fisher Scientific Inc
TMO
15.23%
Trimble Inc
TRMB
9.34%