Columbia Sportswear Company (COLM)

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	298,187	326,192	397,410	451,511	139,523
Revenue	US$ in thousands	3,368,580	3,487,200	3,464,150	3,126,400	2,501,550
Pretax margin		8.85%	9.35%	11.47%	14.44%	5.58%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $298,187K ÷ $3,368,580K
= 8.85%

The pretax margin of Columbia Sportswear Company has fluctuated over the past five years. In 2020, the pretax margin stood at 5.58%, indicating that the company generated $0.0558 in pretax profit for every dollar of revenue. This figure increased significantly to 14.44% in 2021, suggesting improved efficiency in managing operating expenses and generating higher profits before taxes.

However, there was a slight decline in the pretax margin in 2022 to 11.47%, followed by further decreases to 9.35% in 2023 and 8.85% in 2024. These reductions could suggest increased operating costs or lower revenue generation relative to previous years. Overall, while the pretax margin experienced fluctuations, Columbia Sportswear Company maintained a positive trend, indicating its ability to generate profits before tax, albeit with some variability in performance over the years.