Zurn Elkay Water Solutions Corporation (ZWS)
Pretax margin
| Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 179,300 | 166,700 | 155,300 | 151,700 | 80,300 | 80,200 | 88,500 | -9,900 | 77,400 | 109,100 | 123,600 | 265,400 | 248,400 | 203,900 | 211,100 | 225,700 | 234,200 | 259,100 | 231,700 | 135,200 |
| Revenue (ttm) | US$ in thousands | 1,549,900 | 1,532,800 | 1,530,500 | 1,502,500 | 1,523,700 | 1,409,800 | 1,282,100 | 1,140,500 | 1,277,000 | 1,554,600 | 1,834,900 | 2,100,000 | 1,989,500 | 2,024,100 | 1,984,100 | 2,011,200 | 2,068,300 | 2,083,700 | 2,081,800 | 2,078,700 |
| Pretax margin | 11.57% | 10.88% | 10.15% | 10.10% | 5.27% | 5.69% | 6.90% | -0.87% | 6.06% | 7.02% | 6.74% | 12.64% | 12.49% | 10.07% | 10.64% | 11.22% | 11.32% | 12.43% | 11.13% | 6.50% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $179,300K ÷ $1,549,900K
= 11.57%
The pretax margin of Zurn Elkay Water Solutions Corporation has shown fluctuations over the past several quarters. From September 2024 to March 2023, the pretax margin ranged from a low of -0.87% to a high of 11.57%. The company's performance seems to have improved gradually from negative margins to double-digit positive margins in some periods.
The pretax margin measures the company's efficiency in generating profits before taxes relative to its total revenue. A higher pretax margin indicates that the company is effectively controlling its expenses and operating more efficiently.
It is important for Zurn Elkay Water Solutions Corporation to closely monitor its pretax margin to ensure sustainable profitability. Any significant fluctuations in this metric should be carefully analyzed to identify the underlying reasons and take appropriate corrective actions, if necessary, to maintain consistent financial performance.
Peer comparison
Sep 30, 2024