Chesapeake Utilities Corporation (CPK)
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 | 161,800 | 115,290 | 123,628 | 112,698 | 94,180 |
| Revenue | US$ in thousands | 787,200 | 670,604 | 680,704 | 569,968 | 488,198 |
| Pretax margin | 20.55% | 17.19% | 18.16% | 19.77% | 19.29% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $161,800K ÷ $787,200K
= 20.55%
The pretax margin of Chesapeake Utilities Corporation has shown some fluctuations over the five-year period from December 31, 2020, to December 31, 2024.
In 2020, the pretax margin stood at 19.29%, slightly increasing to 19.77% by the end of 2021. However, there was a decline in the pretax margin in 2022, dropping to 18.16%. This decline continued into 2023, where the pretax margin decreased further to 17.19%.
Nevertheless, in 2024, the pretax margin rebounded significantly, reaching 20.55%. Overall, while there were fluctuations in the pretax margin during this period, the company managed to achieve an improved pretax margin by the end of 2024 compared to the starting point in 2020.
Peer comparison
Dec 31, 2024