American Water Works (AWK)
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 | 1,359,000 | 1,196,000 | 1,008,000 | 1,640,000 | 924,000 |
| Revenue | US$ in thousands | 4,653,000 | 4,217,000 | 3,782,000 | 4,677,000 | 3,777,000 |
| Pretax margin | 29.21% | 28.36% | 26.65% | 35.07% | 24.46% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,359,000K ÷ $4,653,000K
= 29.21%
American Water Works has shown a fluctuating trend in its pretax margin over the past five years. The pretax margin increased from 24.46% in December 2020 to 35.07% in December 2021, indicating improved profitability before taxes. However, in the following years, the pretax margin experienced some variability, dropping to 26.65% in December 2022, but then gradually improving to 28.36% in December 2023 and reaching 29.21% in December 2024.
Overall, while the company's pretax margin has shown some volatility, it demonstrates a generally positive trajectory, with the most recent data indicating a healthy pretax margin of 29.21%, suggesting efficient cost management and potential profitability for American Water Works.
Peer comparison
Dec 31, 2024