AAON Inc (AAON)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 206,591 | 223,154 | 124,533 | 69,182 | 101,975 |
| Revenue | US$ in thousands | 1,200,640 | 1,168,520 | 888,788 | 534,517 | 514,551 |
| Pretax margin | 17.21% | 19.10% | 14.01% | 12.94% | 19.82% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $206,591K ÷ $1,200,640K
= 17.21%
AAON Inc's pretax margin has shown some fluctuations over the past five years. In 2020, the pretax margin stood at 19.82%, indicating that for every dollar of revenue generated, the company was able to retain about 19.82 cents before taxes. However, there was a decline in the pretax margin in 2021 to 12.94%, possibly suggesting increased operating costs or lower revenue relative to the previous year.
In 2022, the pretax margin improved to 14.01%, indicating a slight recovery from the previous year. Subsequently, in 2023, there was a further increase to 19.10%, approaching the level seen in 2020. This improvement may reflect better cost management or higher revenue generation during that period.
In 2024, the pretax margin slightly decreased to 17.21%, but it remained relatively strong compared to the previous years. Overall, the pretax margin trend suggests some variability in the company's ability to generate profits before accounting for taxes, with fluctuations possibly influenced by changes in revenue, expenses, or operational efficiency.
Peer comparison
Dec 31, 2024