Alamo Group Inc (ALG)
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 | 149,628 | 175,120 | 134,310 | 109,498 | 78,137 |
| Revenue | US$ in thousands | 1,628,510 | 1,689,650 | 1,513,620 | 1,334,220 | 1,163,470 |
| Pretax margin | 9.19% | 10.36% | 8.87% | 8.21% | 6.72% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $149,628K ÷ $1,628,510K
= 9.19%
The pretax margin of Alamo Group Inc has shown a generally positive trend over the past five years, increasing from 6.72% in December 2020 to 9.19% in December 2024. This indicates that the company has been able to improve its efficiency in generating profits before accounting for taxes during this period. The peak pretax margin of 10.36% in December 2023 suggests a particularly strong performance in that year. However, the slight decrease in pretax margin in 2024 compared to the previous year may warrant further analysis to understand the factors contributing to this change. Overall, the upward trajectory of Alamo Group Inc's pretax margin reflects a positive trend in the company's profitability before tax expenses.
Peer comparison
Dec 31, 2024