Axon Enterprise Inc. (AXON)
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 | 381,504 | 155,000 | 196,518 | -141,375 | -6,291 |
| Revenue | US$ in thousands | 2,082,530 | 1,563,390 | 1,189,940 | 863,381 | 681,003 |
| Pretax margin | 18.32% | 9.91% | 16.51% | -16.37% | -0.92% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $381,504K ÷ $2,082,530K
= 18.32%
Axon Enterprise Inc.'s pretax margin has exhibited fluctuations over the years based on the provided data:
- In 2020, the company reported a negative pretax margin of -0.92%, indicating that expenses exceeded its pre-tax income.
- The pretax margin worsened in 2021, falling significantly to -16.37%, likely indicating challenges or increased costs impacting profitability.
- By 2022, Axon Enterprise Inc. managed to turn its pretax margin around, achieving a positive margin of 16.51%, showing improved efficiency in generating pre-tax profits compared to revenue.
- The following year, in 2023, the pretax margin slightly dipped to 9.91%, but remained in positive territory, potentially indicating that the company was managing its costs effectively.
- In 2024, Axon Enterprise Inc. saw a notable improvement in its pretax margin, reaching 18.32%, which may suggest increased profitability and operational efficiency during that period.
Overall, the company's pretax margin trended from negative to positive values, indicating varying levels of profitability and operational performance over the analyzed years.
Peer comparison
Dec 31, 2024