Builders FirstSource Inc (BLDR)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,984,204 | 2,024,338 | 2,403,320 | 3,174,414 | 3,571,830 | 3,669,564 | 3,500,633 | 2,857,926 | 2,251,547 | 1,855,033 | 1,165,262 | 615,262 | 408,166 | 270,832 | 260,961 | 244,781 | 282,755 | 302,166 | 293,004 | 282,343 |
| Revenue (ttm) | US$ in thousands | 17,096,390 | 17,276,460 | 18,503,660 | 20,901,030 | 22,698,850 | 22,968,350 | 22,715,430 | 21,365,780 | 19,858,230 | 17,789,490 | 14,576,400 | 10,945,430 | 8,553,650 | 7,782,960 | 7,468,250 | 7,426,870 | 7,277,510 | 7,336,620 | 7,474,350 | 7,631,020 |
| Pretax margin | 11.61% | 11.72% | 12.99% | 15.19% | 15.74% | 15.98% | 15.41% | 13.38% | 11.34% | 10.43% | 7.99% | 5.62% | 4.77% | 3.48% | 3.49% | 3.30% | 3.89% | 4.12% | 3.92% | 3.70% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,984,204K ÷ $17,096,390K
= 11.61%
The pretax margin of Builders Firstsource Inc has shown varied performance over the past eight quarters. The trend indicates a gradual decline from the fourth quarter of 2022 to the third quarter of 2023, with figures ranging from 15.72% to 11.70%. However, there was a notable increase in the second quarter of 2023, reaching 12.97%, followed by a further rise in the third quarter of 2023 to 11.70%. The pretax margin peaked in the first quarter of 2023 at 15.17%.
Overall, while there have been fluctuations in the pretax margin, it is essential to monitor the company's ability to effectively manage expenses and generate profits before tax to ensure sustained financial health and profitability.
Peer comparison
Dec 31, 2023