ScanSource Inc (SCSC)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 99,841 | 123,567 | 118,723 | 22,941 | -185,203 |
| Revenue | US$ in thousands | 3,271,770 | 3,765,770 | 3,521,330 | 3,143,030 | 3,034,980 |
| Pretax margin | 3.05% | 3.28% | 3.37% | 0.73% | -6.10% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $99,841K ÷ $3,271,770K
= 3.05%
ScanSource Inc's pretax margin has shown some variability over the past five years. In the most recent fiscal year ending June 30, 2024, the pretax margin was 3.05%, a decrease from the previous year's 3.28%. Despite this slight decline, the pretax margin remains relatively stable around the 3% range for the past three years.
However, in the fiscal year ending June 30, 2020, ScanSource Inc experienced a significant negative pretax margin of -6.10%, indicating a period of financial distress or challenges. The company has since rebounded from this negative performance, showing a positive trend in pretax margin in the subsequent years.
Overall, ScanSource Inc's pretax margin has generally improved from the low point in 2020, but ongoing monitoring is necessary to ensure sustained profitability and operational efficiency.
Peer comparison
Jun 30, 2024