Astrana Health Inc (ASTH)
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 | 80,818 | 89,838 | 86,616 | 77,748 | 8,868 |
| Revenue | US$ in thousands | 2,034,540 | 1,386,660 | 1,144,160 | 773,915 | 370,248 |
| Pretax margin | 3.97% | 6.48% | 7.57% | 10.05% | 2.40% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $80,818K ÷ $2,034,540K
= 3.97%
The pretax margin of Astrana Health Inc has shown variability over the past five years. In 2021, the pretax margin significantly improved to 10.05%, indicating that the company was able to generate more income before taxes relative to its revenue. However, in the following years, the pretax margin declined, suggesting a decrease in the company's ability to control expenses or optimize its revenue generation. By 2024, the pretax margin had decreased to 3.97%, indicating a lower profitability level compared to previous years. It is essential for Astrana Health Inc to closely monitor its cost structure and revenue streams to sustain and improve its pretax margin in the future.
Peer comparison
Dec 31, 2024