ScanSource Inc (SCSC)
Pretax margin
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 99,841 | 102,324 | 114,285 | 110,431 | 123,567 | 124,601 | 127,258 | 121,575 | 118,723 | 118,609 | 104,258 | 64,238 | 22,941 | -224,511 | -238,220 | -212,936 | -185,202 | 50,856 | 62,141 | 73,018 |
| Revenue (ttm) | US$ in thousands | 3,271,767 | 3,456,843 | 3,586,052 | 3,696,345 | 3,765,764 | 3,784,114 | 3,749,064 | 3,605,612 | 3,521,335 | 3,412,777 | 3,296,866 | 3,243,208 | 3,143,033 | 2,487,363 | 2,627,719 | 2,804,853 | 3,053,082 | 3,814,466 | 3,834,988 | 3,891,614 |
| Pretax margin | 3.05% | 2.96% | 3.19% | 2.99% | 3.28% | 3.29% | 3.39% | 3.37% | 3.37% | 3.48% | 3.16% | 1.98% | 0.73% | -9.03% | -9.07% | -7.59% | -6.07% | 1.33% | 1.62% | 1.88% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $99,841K ÷ $3,271,767K
= 3.05%
The pretax margin of ScanSource Inc has shown fluctuations over the past several quarters, ranging from as low as -9.07% to as high as 3.48%. In the most recent quarter, ending June 30, 2024, the pretax margin stood at 3.05%. This indicates that for every dollar of revenue generated, the company was able to retain approximately 3.05 cents before accounting for taxes and other expenses.
Analyzing the trend, the pretax margin has generally been above 3% in recent quarters, suggesting a moderate level of profitability. However, it is important to note the significant decrease in pretax margin in the quarters ending December 2020 and March 2021, which dropped to negative values, indicating the company experienced losses during those periods.
Overall, the pretax margin trend of ScanSource Inc reflects a mix of profitability levels, with recent quarters showing improvements compared to the earlier periods of negative margins. Continued monitoring of this metric is advisable to assess the company's financial performance and efficiency in managing costs.
Peer comparison
Jun 30, 2024