Revvity Inc. (RVTY)

Pretax margin

		Dec 31, 2024	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	Jul 5, 2020	Apr 5, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	303,440	248,995	175,288	154,363	696,567	818,800	889,150	1,064,614	708,340	845,531	902,669	1,004,733	1,267,381	1,425,846	1,504,447	1,343,204	897,399	498,383	327,865	234,862
Revenue (ttm)	US$ in thousands	2,755,399	2,792,741	2,753,945	2,745,319	2,747,137	2,721,641	2,788,191	3,000,774	3,311,822	3,598,518	3,748,030	3,763,135	3,827,812	4,154,512	4,257,222	4,158,193	3,782,749	3,233,635	2,976,533	2,887,332
Pretax margin		11.01%	8.92%	6.36%	5.62%	25.36%	30.08%	31.89%	35.48%	21.39%	23.50%	24.08%	26.70%	33.11%	34.32%	35.34%	32.30%	23.72%	15.41%	11.01%	8.13%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $303,440K ÷ $2,755,399K
= 11.01%

Revvity Inc.'s pretax margin has fluctuated over the past few years, indicating variations in the company's profitability before accounting for taxes. The pretax margin increased steadily from April 5, 2020, to March 31, 2023, reaching a peak of 35.48% in the first quarter of 2023. This upward trend suggests improving operational efficiency and cost management during this period.

However, the pretax margin started to decline after March 31, 2023, dropping to 5.62% by the end of the first quarter of 2024. This significant decrease may indicate challenges faced by the company, such as increased expenses, declining revenue, or changes in the competitive landscape affecting profitability.

Subsequently, there was a slight recovery in the pretax margin by June 30, 2024, and further improvement by the end of September 30, 2024, where it stood at 8.92%. This uptick could suggest that Revvity Inc. implemented strategies to address the issues that led to the decline in profitability in the previous quarter.

Overall, monitoring and analyzing the pretax margin trend is crucial for understanding Revvity Inc.'s financial performance and making informed decisions about its operations and strategic direction.