Columbia Sportswear Company (COLM)

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	298,186	278,324	295,249	319,781	326,192	365,934	375,578	373,865	397,410	449,599	437,700	465,162	451,511	362,842	313,882	208,413	139,523	157,098	225,051	315,189
Revenue (ttm)	US$ in thousands	3,368,926	3,332,326	3,386,241	3,436,870	3,487,199	3,596,729	3,566,105	3,523,235	3,464,152	3,424,352	3,273,999	3,262,306	3,126,402	2,912,305	2,808,691	2,558,932	2,501,554	2,540,798	2,746,499	2,956,098
Pretax margin		8.85%	8.35%	8.72%	9.30%	9.35%	10.17%	10.53%	10.61%	11.47%	13.13%	13.37%	14.26%	14.44%	12.46%	11.18%	8.14%	5.58%	6.18%	8.19%	10.66%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $298,186K ÷ $3,368,926K
= 8.85%

Columbia Sportswear Company's pretax margin has demonstrated fluctuations over the reporting periods from March 31, 2020, to December 31, 2024. Starting at 10.66% in March 2020, the pretax margin experienced a downward trend, dropping to 5.58% by the end of December 2020. Subsequently, the pretax margin showed signs of recovery, increasing to 14.44% by December 2021.

The following year, the pretax margin continued to improve, reaching a peak of 14.26% in March 2022. However, in the subsequent quarters of 2022 and 2023, the pretax margin showed a slight decline, stabilizing around the range of 10-13%. By the end of December 2024, the pretax margin stood at 8.85%.

Overall, Columbia Sportswear Company's pretax margin has displayed variability in performance, underscoring the importance of monitoring profitability levels over time to assess the company's financial health and operational efficiency.