Standex International Corporation (SXI)

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 94,606 96,304 162,477 164,466 163,788 153,998 90,506 84,150 81,193 83,795 64,685 59,338 50,672 35,344 28,646 29,149 33,249 45,587 79,142 81,331
Revenue (ttm) US$ in thousands 718,614 725,709 793,464 802,306 797,947 794,463 737,484 735,444 729,921 721,675 689,907 660,406 636,318 603,067 633,831 669,734 716,376 783,267 813,001 841,914
Pretax margin 13.17% 13.27% 20.48% 20.50% 20.53% 19.38% 12.27% 11.44% 11.12% 11.61% 9.38% 8.99% 7.96% 5.86% 4.52% 4.35% 4.64% 5.82% 9.73% 9.66%

June 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $94,606K ÷ $718,614K
= 13.17%

The pretax margin of Standex International Corporation has shown fluctuations over the periods analyzed. It ranged from a low of 4.35% in March 2020 to a high of 20.53% in June 2023. The company has experienced some volatility in its profitability before showing a more stable performance in recent periods. Overall, Standex International Corporation's pretax margin averaged around 11-12% in the most recent quarters, indicating a moderate level of profitability before tax expenses. Management may want to assess the factors contributing to the variations in pretax margin and continue monitoring and improving profitability performance.


Peer comparison

Jun 30, 2024

Company name
Symbol
Pretax margin
Standex International Corporation
SXI
13.17%
Hayward Holdings Inc
HAYW
10.96%
Middleby Corp
MIDD
12.84%
Tennant Company
TNC
9.95%