The Andersons Inc (ANDE)
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 | 144,069 | 138,224 | 170,708 | 133,214 | -3,200 |
| Revenue | US$ in thousands | 11,257,500 | 14,750,100 | 17,325,400 | 12,612,000 | 8,064,620 |
| Pretax margin | 1.28% | 0.94% | 0.99% | 1.06% | -0.04% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $144,069K ÷ $11,257,500K
= 1.28%
The pretax margin of The Andersons Inc has shown some fluctuations over the past five years. In December 2020, the pretax margin was negative at -0.04%, indicating that the company's operating expenses exceeded its gross profit. However, the company improved its performance in the following years with pretax margins of 1.06% in 2021, 0.99% in 2022, and 0.94% in 2023.
In December 2024, The Andersons Inc demonstrated notable improvement in its profitability, achieving a pretax margin of 1.28%. This indicates that the company was able to increase its profitability and control its operating expenses relative to its gross profit.
Overall, the trend in The Andersons Inc pretax margin over the five-year period suggests that the company has managed to enhance its operational efficiency and profitability, with a significant improvement seen in the most recent year.
Peer comparison
Dec 31, 2024