Standex International Corporation (SXI)
Pretax margin
Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 68,811 | 68,310 | 70,995 | 93,478 | 95,123 | 96,741 | 162,830 | 164,659 | 163,949 | 154,103 | 90,640 | 84,289 | 81,289 | 84,369 | 65,504 | 60,742 | 52,700 | 41,197 | 52,543 | 52,664 |
Revenue (ttm) | US$ in thousands | 790,107 | 748,252 | 717,739 | 706,325 | 720,635 | 728,768 | 735,833 | 745,222 | 741,048 | 737,460 | 742,409 | 740,329 | 735,339 | 727,035 | 709,970 | 680,544 | 656,220 | 619,171 | 602,429 | 636,731 |
Pretax margin | 8.71% | 9.13% | 9.89% | 13.23% | 13.20% | 13.27% | 22.13% | 22.10% | 22.12% | 20.90% | 12.21% | 11.39% | 11.05% | 11.60% | 9.23% | 8.93% | 8.03% | 6.65% | 8.72% | 8.27% |
June 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $68,811K ÷ $790,107K
= 8.71%
The pretax margin of Standex International Corporation has exhibited notable fluctuations over the analyzed periods. Starting from a value of 8.27% on September 30, 2020, the margin increased slightly to 8.72% by December 31, 2020, followed by a decline to 6.65% on March 31, 2021. The margin recovered to 8.03% by June 30, 2021, and subsequently increased to 8.93% on September 30, 2021. Throughout 2021, the pretax margin demonstrated a gradual upward trend, reaching 9.23% at year-end, and continuing to improve in early 2022, peaking notably at 11.60% on March 31, 2022. This upward trajectory persisted with margins of 11.05% and 11.39% in June and September 2022, respectively, culminating in a significant increase to 12.21% on December 31, 2022.
In 2023, the pretax margin experienced a substantial rise, reaching 20.90% on March 31, and further ascending to 22.12% in June, with a slight decrease to 22.10% on September 30. The margin remained relatively stable through the year-end period, at 22.13% on December 31, 2023. Moving into subsequent periods, a sharp decline occurred, with the margin dropping to 13.27% on March 31, 2024, then marginally decreasing to 13.20% in June and remaining near this level at 13.23% on September 30, 2024. The decline continued into early 2025, with the margin falling to 9.89% on December 31, 2024, and further down to 9.13% and 8.71% on March 31 and June 30, 2025, respectively.
Overall, the pretax margin has demonstrated periods of growth, particularly noticeable in 2022 and the early part of 2023, followed by a pronounced downward trend beginning in late 2023 into early 2025. The variability suggests periods of improved profitability interspersed with phases of contraction, potentially reflecting changes in operating efficiency, cost structures, market conditions, or strategic shifts affecting profitability margins.
Peer comparison
Jun 30, 2025