Xerox Corp (XRX)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -1,216,000 | -1,300,000 | -149,000 | -263,000 | -28,000 | 205,000 | -239,000 | -153,000 | -325,000 | -1,181,000 | -715,000 | -612,000 | -472,000 | 344,000 | 377,000 | 312,000 | 256,000 | 1,042,000 | 1,210,000 |
| Revenue (ttm) | US$ in thousands | 6,457,000 | 6,579,000 | 6,656,000 | 6,783,000 | 7,029,000 | 7,162,000 | 7,264,000 | 7,275,000 | 7,228,000 | 7,131,000 | 7,170,000 | 7,234,000 | 7,299,000 | 7,375,000 | 7,384,000 | 7,080,000 | 7,189,000 | 7,720,000 | 8,175,000 |
| Pretax margin | -18.83% | -19.76% | -2.24% | -3.88% | -0.40% | 2.86% | -3.29% | -2.10% | -4.50% | -16.56% | -9.97% | -8.46% | -6.47% | 4.66% | 5.11% | 4.41% | 3.56% | 13.50% | 14.80% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-1,216,000K ÷ $6,457,000K
= -18.83%
The pretax margin of Xerox Corp has shown fluctuations over the period under review. It started at a healthy level of 14.80% as of June 30, 2020, but then experienced a gradual decline over the subsequent quarters, reaching a low of -19.76% as of September 30, 2024. The trend indicates a significant decrease in profitability before recovering slightly to -18.83% by December 31, 2024. It is important for Xerox to closely monitor and address the factors contributing to the declining pretax margin to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Xerox Corp
XRX
-18.83%
Corsair Gaming Inc
CRSR
-0.34%
Fortinet Inc
FTNT
24.65%
Palo Alto Networks Inc
PANW
12.31%