RPM International Inc (RPM)
Pretax margin
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 786,792 | 648,342 | 605,814 | 667,581 | 407,067 |
| Revenue | US$ in thousands | 7,210,630 | 7,128,530 | 6,615,470 | 6,018,050 | 5,406,290 |
| Pretax margin | 10.91% | 9.10% | 9.16% | 11.09% | 7.53% |
May 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $786,792K ÷ $7,210,630K
= 10.91%
Over the past five years, RPM International Inc has demonstrated fluctuating pretax margins. The pretax margin measures the company's efficiency in generating profits before taxes relative to its total revenue. In the most recent fiscal year ending May 31, 2024, the pretax margin improved to 10.91%, representing an increase from the previous year.
While the pretax margin was at its lowest in the fiscal year ending May 31, 2020, at 7.53%, it saw a significant improvement in the following years. The company's performance peaked in the fiscal year ending May 31, 2021, with a pretax margin of 11.09%.
Overall, the pretax margin of RPM International Inc has shown variability over the past five years, indicating fluctuations in the company's profitability before accounting for taxes. It is important for investors and stakeholders to closely monitor these fluctuations to assess the company's financial health and operational efficiency.
Peer comparison
May 31, 2024