Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	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	236,947	251,098	267,040	266,365
Revenue (ttm)	US$ in thousands	2,769,887	2,744,391	2,810,941	3,023,524	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	2,883,673	2,834,526	2,801,916	2,782,761
Pretax margin		25.15%	29.84%	31.63%	35.21%	21.39%	23.50%	24.08%	26.70%	33.11%	34.32%	35.34%	32.30%	23.72%	15.41%	11.01%	8.13%	8.22%	8.86%	9.53%	9.57%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $696,567K ÷ $2,769,887K
= 25.15%

Revvity Inc.'s pretax margin has exhibited a declining trend over the past eight quarters, from a high of 20.26% in Q1 2022 to 6.65% in Q4 2023. This indicates a decrease in the company's ability to generate profits before accounting for taxes. The company experienced a significant decrease in pretax margin in the most recent quarters, potentially signaling challenges in controlling costs or maintaining revenue growth. Further analysis would be necessary to understand the specific factors contributing to this decline and to assess the overall financial performance and efficiency of Revvity Inc.