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 | ||
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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