Concentra Group Holdings Parent, Inc. (CON)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 231,393 | 172,693 | 224,896 | 275,563 |
| Revenue | US$ in thousands | 1,900,150 | 1,838,080 | 1,724,360 | 1,732,040 |
| Pretax margin | 12.18% | 9.40% | 13.04% | 15.91% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $231,393K ÷ $1,900,150K
= 12.18%
The pretax margin of Concentra Group Holdings Parent, Inc. has experienced fluctuations over the years. It stood at 15.91% on December 31, 2021 but decreased to 13.04% by the end of 2022. Subsequently, there was a further decline to 9.40% on December 31, 2023. However, by the end of 2024, the pretax margin showed improvement, reaching 12.18%.
The downward trend from 2021 to 2023 indicates potential challenges in the company's ability to control operating expenses relative to its revenue generation. The slight recovery in 2024 suggests some adjustments may have been made to enhance profitability.
It would be important for Concentra Group Holdings Parent, Inc. to closely monitor and manage its cost structure to sustain or improve its pretax margin in the coming periods, ensuring long-term financial stability and growth.
Peer comparison
Dec 31, 2024