Simpson Manufacturing Company Inc (SSD)

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 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 476,548 480,261 458,310 441,451 448,065 463,025 444,673 415,951 358,547 305,331 296,383 269,352 249,564 245,811 214,175 195,914 178,357 160,299 161,944 168,706
Revenue (ttm) US$ in thousands 2,207,715 2,177,144 2,150,806 2,146,344 2,106,837 2,054,135 1,897,115 1,714,148 1,566,618 1,445,325 1,412,952 1,328,784 1,265,192 1,242,584 1,188,145 1,167,566 1,142,046 1,123,770 1,098,420 1,100,807
Pretax margin 21.59% 22.06% 21.31% 20.57% 21.27% 22.54% 23.44% 24.27% 22.89% 21.13% 20.98% 20.27% 19.73% 19.78% 18.03% 16.78% 15.62% 14.26% 14.74% 15.33%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $476,548K ÷ $2,207,715K
= 21.59%

Simpson Manufacturing Co., Inc. has demonstrated relatively stable pretax margins over the past eight quarters, ranging between 20.47% and 24.20%. The trend indicates that the company has been able to maintain healthy levels of profitability before taxes despite some fluctuations. Overall, the pretax margin for the company has shown a slight decline from the earlier quarters of 2022 to the present, with the most recent quarter at 21.53%. This may suggest potential challenges or changes in the company's operations impacting its profitability levels. However, it is essential to conduct a deeper analysis to understand the specific factors contributing to these fluctuations and to assess the company's overall financial performance comprehensively.


Peer comparison

Dec 31, 2023

Company name
Symbol
Pretax margin
Simpson Manufacturing Company Inc
SSD
21.59%
Snap-On Inc
SNA
25.54%
Stanley Black & Decker Inc
SWK
-2.56%