Ziff Davis Inc (ZD)
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 | 65,645 | 81,458 | 143,379 | 83,854 | 121,714 | 395,707 | 399,326 | 441,094 | 482,515 | 163,752 | 209,061 | 257,757 | 189,018 | 260,523 | 213,053 | 202,711 | 232,566 | 185,643 | 187,933 | 179,712 |
| Revenue (ttm) | US$ in thousands | 1,364,028 | 1,370,843 | 1,371,731 | 1,383,071 | 1,390,997 | 1,402,925 | 1,416,196 | 1,420,133 | 1,416,722 | 1,392,149 | 1,310,017 | 1,219,080 | 1,158,829 | 1,180,362 | 1,251,491 | 1,323,567 | 1,372,054 | 1,312,525 | 1,261,108 | 1,226,565 |
| Pretax margin | 4.81% | 5.94% | 10.45% | 6.06% | 8.75% | 28.21% | 28.20% | 31.06% | 34.06% | 11.76% | 15.96% | 21.14% | 16.31% | 22.07% | 17.02% | 15.32% | 16.95% | 14.14% | 14.90% | 14.65% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $65,645K ÷ $1,364,028K
= 4.81%
Based on the data provided for Ziff Davis Inc's pretax margin over the past eight quarters, there are notable fluctuations in the company's profitability before taxes.
In Q4 2023, the pretax margin decreased to 4.81% from the previous quarter's 6.07%, indicating a decline in profitability. This decrease may be a cause for concern as the company's earnings before taxes reduced significantly.
Comparing the Q4 2023 pretax margin to some of the earlier quarters, such as Q2 and Q3 of 2022 with pretax margins of 22.46% and 23.15% respectively, the current profitability level seems relatively low.
The highest pretax margin in the dataset was observed in Q2 2022 at 24.98%, suggesting a strong performance in terms of profitability during that period. However, it's worth noting the downward trend that follows from Q3 2022 to Q4 2023.
Overall, the analysis of Ziff Davis Inc's pretax margin shows varying levels of profitability over the quarters, with a recent decrease in Q4 2023. This dynamic trend underscores the importance of closely monitoring the company's financial performance and implementing strategies to improve profitability in the future.