Somnigroup International Inc. (SGI)
Pretax margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 480,200 | 459,500 | 444,000 | 456,800 | 497,700 | 521,400 | 515,700 | 574,700 | 691,700 | 754,000 | 820,600 | 822,800 | 766,700 | 692,300 | 539,200 | 451,400 | 339,400 | 277,100 | 302,100 | 264,200 |
| Revenue (ttm) | US$ in thousands | 4,893,500 | 4,870,600 | 4,906,700 | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 | 3,106,000 |
| Pretax margin | 9.81% | 9.43% | 9.05% | 9.27% | 10.07% | 10.54% | 10.55% | 11.68% | 13.58% | 14.59% | 16.01% | 16.69% | 16.57% | 15.73% | 13.83% | 12.28% | 9.72% | 8.71% | 9.33% | 8.51% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $480,200K ÷ $4,893,500K
= 9.81%
Somnigroup International Inc.'s pretax margin has displayed a fluctuating trend over the observed periods. The pretax margin started at 8.51% as of December 31, 2019, and experienced slight fluctuations in the following quarters. However, starting from December 31, 2020, there was a noticeable upward trend, reaching a peak of 16.69% by December 31, 2021.
Subsequently, the pretax margin began to decline gradually, dropping to 9.27% by December 31, 2023. The margin continued to decrease slightly in the following periods, standing at 9.81% as of September 30, 2024.
Overall, while there were fluctuations in the pretax margin, the trend showed improvement towards the end of 2021 before seeing a gradual decline. It is important to further analyze the underlying factors contributing to these fluctuations to understand the company's financial performance comprehensively.
Peer comparison
Sep 30, 2024