Cogent Communications Group Inc (CCOI)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -259,647 | -24,927 | -15,261 | 1,124,460 | 1,219,546 | 1,051,853 | 1,115,161 | 35,349 | 26,375 | 39,624 | 68,686 | 46,897 | 71,420 | 38,890 | 10,311 | 23,681 | 10,315 | 28,345 | 53,855 | 52,736 |
| Revenue (ttm) | US$ in thousands | 1,036,104 | 1,055,912 | 1,074,139 | 1,053,502 | 940,922 | 820,802 | 695,373 | 604,017 | 599,604 | 594,833 | 592,760 | 592,189 | 589,791 | 586,484 | 580,859 | 573,970 | 568,108 | 564,499 | 559,139 | 552,938 |
| Pretax margin | -25.06% | -2.36% | -1.42% | 106.74% | 129.61% | 128.15% | 160.37% | 5.85% | 4.40% | 6.66% | 11.59% | 7.92% | 12.11% | 6.63% | 1.78% | 4.13% | 1.82% | 5.02% | 9.63% | 9.54% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-259,647K ÷ $1,036,104K
= -25.06%
The pretax margin of Cogent Communications Group Inc has shown fluctuating trends over the given periods. The margin started positively at 9.54% in March 2020 and maintained a relatively stable performance until December 2021 where it peaked at 12.11%. However, in the subsequent quarters, the pretax margin experienced a decline and turned negative in June 2024, reaching -25.06% by December 2024. The significant negative values in the latter periods indicate that the company's pre-tax earnings were insufficient to cover its operating expenses and other costs, leading to losses in those quarters. This erratic trend in the pretax margin suggests potential challenges in managing costs and generating sufficient revenues to maintain profitability during the latter periods.
Peer comparison
Dec 31, 2024