Cable One Inc (CABO)
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 | 244,177 | 411,396 | 375,363 | 337,121 | 379,332 |
| Revenue | US$ in thousands | 1,579,540 | 1,678,080 | 1,706,040 | 1,605,840 | 1,325,230 |
| Pretax margin | 15.46% | 24.52% | 22.00% | 20.99% | 28.62% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $244,177K ÷ $1,579,540K
= 15.46%
Based on the provided data, Cable One Inc's pretax margin has fluctuated over the years. In December 31, 2020, the pretax margin stood at 28.62%, reflecting a strong performance in profitability before taxes. However, in December 31, 2021, the pretax margin decreased to 20.99%, possibly indicating a decrease in operational efficiency or an increase in expenses relative to revenue.
By December 31, 2022, the pretax margin improved to 22.00%, showing some recovery or improvement in profitability. Furthermore, in December 31, 2023, Cable One Inc's pretax margin increased to 24.52%, potentially demonstrating better cost control or revenue growth strategies.
However, the pretax margin saw a significant decline by December 31, 2024, dropping to 15.46%. This sharp decrease could suggest challenges in maintaining profitability, such as rising costs or stagnant revenues. Monitoring the trend of Cable One Inc's pretax margin across these years can provide insights into the company's financial performance and efficiency in managing costs and generating profits.
Peer comparison
Dec 31, 2024