NCR Voyix Corporation (VYX)
Pretax margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -130,000 | 260,000 | 260,000 | 252,000 | 208,000 | 305,000 | 234,000 | 215,000 | 283,000 | -107,000 | -117,000 | -109,000 | -132,000 | 127,000 | 190,000 | 263,000 | 285,000 | 276,000 | 239,000 | -33,000 |
| Revenue (ttm) | US$ in thousands | 6,589,000 | 7,570,000 | 7,531,000 | 7,566,000 | 7,558,000 | 7,865,000 | 7,767,000 | 7,454,000 | 7,156,000 | 6,536,000 | 6,332,000 | 6,203,000 | 6,207,000 | 6,462,000 | 6,656,000 | 6,882,000 | 6,915,000 | 6,830,000 | 6,597,000 | 6,424,000 |
| Pretax margin | -1.97% | 3.43% | 3.45% | 3.33% | 2.75% | 3.88% | 3.01% | 2.88% | 3.95% | -1.64% | -1.85% | -1.76% | -2.13% | 1.97% | 2.85% | 3.82% | 4.12% | 4.04% | 3.62% | -0.51% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-130,000K ÷ $6,589,000K
= -1.97%
The pretax margin for NCR Voyix Corporation has displayed variability over the periods indicated. The company experienced negative pretax margins in some quarters, indicating that its expenses exceeded its pre-tax income during those periods. However, there have also been instances where the company achieved positive pretax margins, signifying that it was able to generate pre-tax profits relative to its total revenue.
The trend in pretax margin fluctuated, showing both positive and negative movements. Notably, there was an improvement in the pretax margin from 2020 to 2021, where the company transitioned from negative margins to positive margins. However, there was some decline in the pretax margin in the most recent periods compared to earlier periods, with a dip below 2% in the most recent quarter.
It is important for the company to closely monitor its expenses and revenue generation to ensure that it maintains a healthy pretax margin. Strategies to control costs and enhance revenue streams may be necessary to improve and sustain profitability levels in the future.