Gentherm Inc (THRM)

Pretax margin

		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	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	102,265	83,377	86,719	61,590	54,954	33,472	26,331	34,031	38,382	65,151	69,872	89,420	113,852	131,990	145,407	104,751	81,556	42,436	31,345	49,761
Revenue (ttm)	US$ in thousands	1,450,255	1,440,414	1,447,026	1,446,364	1,448,509	1,428,068	1,388,525	1,281,481	1,193,283	1,106,858	1,024,469	1,025,636	1,044,506	1,083,664	1,096,100	964,238	903,018	845,665	833,218	941,502
Pretax margin		7.05%	5.79%	5.99%	4.26%	3.79%	2.34%	1.90%	2.66%	3.22%	5.89%	6.82%	8.72%	10.90%	12.18%	13.27%	10.86%	9.03%	5.02%	3.76%	5.29%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $102,265K ÷ $1,450,255K
= 7.05%

Gentherm Inc's pretax margin has shown fluctuation over the period under review. The pretax margin measures the company's efficiency in generating profits before accounting for taxes.

From March 31, 2020, where the pretax margin stood at 5.29%, it decreased to 3.76% by June 30, 2020. However, there was an improvement in the margin to 9.03% by December 31, 2020. Subsequently, there was a consistent increase in the pretax margin until reaching a peak of 13.27% by June 30, 2021.

Afterward, there was a slight decline in the pretax margin before stabilizing around the range of 5.89% to 7.05% from December 31, 2022, to December 31, 2024. Overall, Gentherm Inc's pretax margin has displayed some volatility but has generally shown an upward trend, indicating improved profitability levels over time.