Blackbaud Inc (BLKB)
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 | -311,591 | 17,644 | -55,575 | 7,083 | 21,614 |
| Revenue | US$ in thousands | 1,155,500 | 1,105,430 | 1,058,100 | 927,740 | 913,219 |
| Pretax margin | -26.97% | 1.60% | -5.25% | 0.76% | 2.37% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-311,591K ÷ $1,155,500K
= -26.97%
The pretax margin of Blackbaud Inc has exhibited significant fluctuations over the years based on the provided data.
- As of December 31, 2020, the pretax margin stood at 2.37%, indicating that the company was able to generate a profit before accounting for taxes on its sales revenue.
- However, by December 31, 2021, the pretax margin decreased to 0.76%, suggesting a decline in the company's profitability relative to its revenue.
- The situation worsened by December 31, 2022, when the pretax margin plummeted to -5.25%, signaling that Blackbaud Inc incurred losses before taxes on its operations during that period.
- There was a slight recovery by December 31, 2023, with the pretax margin increasing to 1.60%, although it remained below the level of profitability seen in 2020.
- The most significant downturn occurred by December 31, 2024, with a notably low pretax margin of -26.97%, indicating a substantial loss before taxes relative to the company's revenue.
Overall, the trend in Blackbaud Inc's pretax margin reflects inconsistent profitability performance over the years, with periods of profitability and losses. Further analysis would be necessary to understand the factors driving these fluctuations and to assess the company's financial health more comprehensively.
Peer comparison
Dec 31, 2024