Trimble Inc (TRMB)
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 | 2,005,900 | 1,967,600 | 1,973,900 | 269,400 | 357,000 | 388,600 | 427,100 | 591,200 | 569,100 | 596,100 | 634,900 | 575,700 | 574,600 | 584,800 | 524,500 | 453,000 | 395,000 | 342,000 | 324,500 | 349,000 |
| Revenue (ttm) | US$ in thousands | 3,683,300 | 3,632,300 | 3,713,800 | 3,836,600 | 3,798,700 | 3,722,800 | 3,650,400 | 3,598,000 | 3,676,300 | 3,745,800 | 3,762,300 | 3,766,300 | 3,659,100 | 3,562,800 | 3,453,500 | 3,241,900 | 3,147,700 | 3,142,000 | 3,133,800 | 3,255,000 |
| Pretax margin | 54.46% | 54.17% | 53.15% | 7.02% | 9.40% | 10.44% | 11.70% | 16.43% | 15.48% | 15.91% | 16.88% | 15.29% | 15.70% | 16.41% | 15.19% | 13.97% | 12.55% | 10.88% | 10.35% | 10.72% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,005,900K ÷ $3,683,300K
= 54.46%
The pretax margin of Trimble Inc has displayed fluctuating trends over the period from March 31, 2020, to December 31, 2024.
The company's pretax margin started at 10.72% in March 2020 and gradually increased to 16.41% by September 2021, indicating improved profitability as a percentage of its total revenue before taxes.
However, from December 2021 to March 2022, there was a slight decrease in the pretax margin to 15.29%. This decline was followed by a notable increase to 16.88% by June 2022, signifying enhanced operational efficiency.
Subsequently, there was a dip in the pretax margin to 9.40% by December 2023, which was significantly lower compared to previous periods. This sharp decline could indicate a decrease in profitability or operational challenges during that quarter.
Remarkably, in June 2024, the pretax margin surged to an unusually high value of 53.15%, followed by further growth to 54.46% by December 2024. Such a substantial increase may be attributed to exceptional performance, changes in accounting methods, or unique events affecting the company's financial results.
Overall, the trend in Trimble Inc's pretax margin showcases variability with periods of stability, growth, and significant fluctuations, reflecting changes in the company's financial performance and profitability over the analyzed timeframe. It would be crucial to further investigate the reasons behind the extreme fluctuations observed in the pretax margin values to assess the company's financial health accurately.
Peer comparison
Dec 31, 2024