Xylem Inc (XYL)
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 | 635,000 | 614,000 | 446,000 | 468,000 | 440,000 | 377,000 | 493,000 | 495,000 | 511,000 | 543,000 | 460,000 | 357,000 | 285,000 | 305,000 | 243,000 | 364,000 | 416,000 | 417,000 | 590,000 | 584,000 |
| Revenue (ttm) | US$ in thousands | 7,364,000 | 6,752,000 | 6,056,000 | 5,698,000 | 5,522,000 | 5,339,000 | 5,224,000 | 5,211,000 | 5,195,000 | 5,245,000 | 5,200,000 | 5,009,000 | 4,876,000 | 4,874,000 | 4,950,000 | 5,135,000 | 5,249,000 | 5,264,000 | 5,255,000 | 5,227,000 |
| Pretax margin | 8.62% | 9.09% | 7.36% | 8.21% | 7.97% | 7.06% | 9.44% | 9.50% | 9.84% | 10.35% | 8.85% | 7.13% | 5.84% | 6.26% | 4.91% | 7.09% | 7.93% | 7.92% | 11.23% | 11.17% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $635,000K ÷ $7,364,000K
= 8.62%
The pretax margin of Xylem Inc has shown some fluctuation in recent quarters. In Q4 2023, the pretax margin was 8.62%, slightly lower than the previous quarter's 9.09%. This decline reversed the upward trend seen from Q2 to Q3 2023. Comparing Q4 2023 to the same quarter in the previous year, there was a slight improvement from 7.97% to 8.62%.
Overall, the pretax margin performance of Xylem Inc has been relatively stable over the past year, with fluctuations in the range of approximately 1-2 percentage points. Despite the variations, the company has maintained a pretax margin above 7% for all of the periods analyzed, indicating efficient cost management and profitability levels. Further analysis of the underlying factors driving these variations could provide additional insight into Xylem Inc's financial performance.
Peer comparison
Dec 31, 2023