Arcosa Inc (ACA)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 195,900 | 316,200 | 83,600 | 138,200 | 146,800 |
| Revenue | US$ in thousands | 2,307,900 | 2,242,800 | 2,036,400 | 1,935,600 | 1,736,900 |
| Pretax margin | 8.49% | 14.10% | 4.11% | 7.14% | 8.45% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $195,900K ÷ $2,307,900K
= 8.49%
Analyzing the pretax margin of Arcosa Inc over the past five years reveals fluctuations in the company's profitability before accounting for taxes. In 2023, the pretax margin stood at 8.49%, exhibiting a decrease from the prior year's level of 14.10%. This decline suggests a potential decrease in operational efficiency or an increase in costs compared to 2022. However, the 2023 margin remains higher than the 2019 and 2020 figures of 8.45% and 7.14%, respectively, indicating a relatively stable performance in recent years. The 2021 pretax margin of 4.11% was notably lower, highlighting a period of reduced profitability for the company. It is essential to further investigate the factors influencing these fluctuations to determine the underlying drivers of Arcosa Inc's financial performance.
Peer comparison
Dec 31, 2023