Crowdstrike Holdings Inc (CRWD)
Pretax margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 121,527 | -160,845 | -162,402 | -87,869 | -139,782 |
| Revenue | US$ in thousands | 3,178,730 | 2,278,910 | 1,434,060 | 877,164 | 489,971 |
| Pretax margin | 3.82% | -7.06% | -11.32% | -10.02% | -28.53% |
January 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $121,527K ÷ $3,178,730K
= 3.82%
The pretax margin of Crowdstrike Holdings Inc has shown a significant improvement over the past five years. In particular, the company has managed to turn around its profitability from negative margins in the earlier years to positive margins in the most recent year.
From Jan 31, 2020 to Jan 31, 2024, there has been a steady increase in the pretax margin, with the company achieving a pretax margin of 3.82% in the most recent year, indicating an improvement in the company's ability to generate profits before accounting for taxes. This positive trend highlights the company's efforts in managing costs and improving operational efficiency.
It is essential to note that the negative pretax margins in the earlier years (Jan 31, 2020 to Jan 31, 2022) suggest that Crowdstrike Holdings Inc faced challenges in generating profits during that period. However, the company's ability to reverse this trend and achieve positive pretax margins in the later years indicates a successful turnaround in financial performance.
Overall, the increasing trend in pretax margin reflects positively on Crowdstrike Holdings Inc's financial performance, demonstrating its ability to generate profits and improve overall profitability over the years.
Peer comparison
Jan 31, 2024