Builders FirstSource Inc (BLDR)
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 | 1,984,200 | 3,571,830 | 2,251,550 | 408,166 | 282,755 |
| Revenue | US$ in thousands | 17,096,400 | 22,698,900 | 19,890,500 | 8,550,750 | 7,271,130 |
| Pretax margin | 11.61% | 15.74% | 11.32% | 4.77% | 3.89% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $1,984,200K ÷ $17,096,400K
= 11.61%
Builders Firstsource Inc's pretax margin has shown fluctuations over the past five years. In 2023, the pretax margin stood at 11.61%, which represents a decrease compared to the previous year's figure of 15.72%. This decline suggests a potential decrease in the company's ability to generate profits before taking into account taxes and other expenses.
Looking at the trend over the past five years, we can observe a general increase in pretax margin from 2019 to 2022, indicating improved efficiency in managing costs and generating profits. However, the drop in 2023 signals a reversal of this positive trend.
It is important for investors and stakeholders to closely monitor this metric in the coming years to understand the factors driving these fluctuations and assess the company's overall financial health and profitability.
Peer comparison
Dec 31, 2023