Boise Cascad Llc (BCC)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 645,049 | 1,146,380 | 948,851 | 286,311 | 108,231 |
| Revenue | US$ in thousands | 6,813,040 | 8,360,740 | 7,901,580 | 5,435,140 | 4,643,400 |
| Pretax margin | 9.47% | 13.71% | 12.01% | 5.27% | 2.33% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $645,049K ÷ $6,813,040K
= 9.47%
Boise Cascade Co's pretax margin has shown fluctuations over the past five years. The company's pretax margin was 9.43% in 2023, a decrease from 13.67% in 2022 but higher than the 11.97% reported in 2021. The pretax margin of 9.43% in 2023 indicates that the company retained $0.0943 in pre-tax profit for every dollar of revenue generated. This decrease in pretax margin could suggest various factors such as changes in operating expenses, cost of goods sold, or other financial dynamics impacting the company's profitability. Further analysis should be conducted to better understand the underlying reasons behind the fluctuating pretax margin.
Peer comparison
Dec 31, 2023