Transdigm Group Incorporated (TDG)
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 | 2,214,000 | 2,159,000 | 2,025,000 | 1,904,000 | 1,716,000 | 1,527,000 | 1,370,000 | 1,233,000 | 1,126,000 | 1,052,000 | 985,000 | 854,000 | 714,000 | 483,000 | 272,000 | 476,000 | 786,000 | 1,126,000 | 1,293,000 | 1,225,000 |
| Revenue (ttm) | US$ in thousands | 7,940,000 | 7,606,000 | 7,304,000 | 6,977,000 | 6,585,000 | 6,243,000 | 5,897,000 | 5,632,000 | 5,429,000 | 5,198,000 | 5,018,000 | 4,885,000 | 4,799,000 | 4,693,000 | 4,497,000 | 4,746,000 | 5,103,000 | 5,471,000 | 5,970,000 | 5,695,000 |
| Pretax margin | 27.88% | 28.39% | 27.72% | 27.29% | 26.06% | 24.46% | 23.23% | 21.89% | 20.74% | 20.24% | 19.63% | 17.48% | 14.88% | 10.29% | 6.05% | 10.03% | 15.40% | 20.58% | 21.66% | 21.51% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,214,000K ÷ $7,940,000K
= 27.88%
The pretax margin of Transdigm Group Incorporated has shown a generally positive trend over the past few quarters. The pretax margin increased from 21.51% in December 2019 to 27.88% in September 2024, indicating an improvement in the company's ability to generate profits before taxes relative to its revenue.
There was a consistent upward trajectory in pretax margin from December 2019 to September 2023, with fluctuations in between. However, in the most recent quarters, the pretax margin has shown some stability around the high 20% range, indicating a relative plateau in profitability before tax.
Overall, the pretax margin trend reflects a positive performance in the company's operational efficiency and cost management, signaling a healthy financial position. It is essential to monitor future trends to assess the company's ability to sustain or further improve its profitability levels.