Consolidated Communications (CNSL)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -302,121 | 113,027 | -110,217 | 38,656 | -24,097 |
| Revenue | US$ in thousands | 1,098,700 | 1,182,490 | 1,248,400 | 1,276,540 | 1,334,130 |
| Pretax margin | -27.50% | 9.56% | -8.83% | 3.03% | -1.81% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-302,121K ÷ $1,098,700K
= -27.50%
Consolidated Communications Holdings Inc's pretax margin has shown a declining trend over the past five years. The company's pretax margin was negative in 2020, 2019, and 2023, indicating that its pre-tax earnings were insufficient to cover its pre-tax expenses during those years. The deepest decline was observed in 2023 with a pretax margin of -27.17%, showing a significant deterioration year over year. This negative trend suggests potential challenges in the company's cost management or revenue generation strategies that may have impacted its overall profitability. Monitoring and addressing the factors contributing to the declining pretax margin will be crucial for improving the company's financial performance in the future.
Peer comparison
Dec 31, 2023