Builders FirstSource Inc (BLDR)
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 | 1,387,520 | 1,984,200 | 3,571,830 | 2,251,550 | 408,166 |
| Revenue | US$ in thousands | 16,400,500 | 17,097,300 | 22,726,400 | 19,893,900 | 8,558,870 |
| Pretax margin | 8.46% | 11.61% | 15.72% | 11.32% | 4.77% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,387,520K ÷ $16,400,500K
= 8.46%
Builders FirstSource Inc's pretax margin has shown fluctuations over the years, starting at 4.77% as of December 31, 2020, then increasing significantly to 11.32% by December 31, 2021. The trend continued upwards, reaching 15.72% by December 31, 2022, indicating improving profitability before tax. However, there was a slight decrease in the pretax margin to 11.61% by December 31, 2023, followed by a further decline to 8.46% by December 31, 2024. This indicates that while the company's profitability was initially on an upward trajectory, it faced challenges in maintaining the same level of profitability in the later years. Further analysis would be needed to understand the reasons behind these fluctuations in pretax margin and assess the company's overall financial performance.
Peer comparison
Dec 31, 2024