AutoNation Inc (AN)
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 | 916,700 | 1,350,200 | 1,833,500 | 1,808,400 | 550,100 |
| Revenue | US$ in thousands | 26,765,400 | 26,948,900 | 26,985,000 | 25,844,000 | 20,390,000 |
| Pretax margin | 3.42% | 5.01% | 6.79% | 7.00% | 2.70% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $916,700K ÷ $26,765,400K
= 3.42%
AutoNation Inc's pre-tax margin has shown fluctuations over the years based on the provided data. In December 2020, the pre-tax margin was 2.70%, showing a modest profitability level. Subsequently, there was a significant improvement by December 2021, with the pre-tax margin increasing to 7.00%, indicating a sharp rise in profitability.
However, in the following years, the pre-tax margin experienced a slight decline, reaching 6.79% by December 2022 and further dropping to 5.01% by December 2023. This decline suggests that the company's profitability may have been impacted by several factors during this period.
By December 2024, the pre-tax margin decreased even further to 3.42%, indicating a continued trend of declining profitability. It would be advisable for AutoNation Inc to closely monitor its cost structure, revenue generation, and operational efficiency to address the decline in the pre-tax margin and work towards sustainable profitability levels in the future.
Peer comparison
Dec 31, 2024