CSG Systems International Inc (CSGS)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 92,351 | 60,781 | 100,946 | 85,356 | 105,723 |
| Revenue | US$ in thousands | 1,170,020 | 1,091,100 | 1,044,030 | 990,533 | 996,810 |
| Pretax margin | 7.89% | 5.57% | 9.67% | 8.62% | 10.61% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $92,351K ÷ $1,170,020K
= 7.89%
The pretax margin of CSG Systems International Inc. has varied over the past five years. The company's pretax margin was 7.90% in 2023, which represented an improvement compared to the previous year where it was 5.58%. However, the pretax margin was lower in 2023 compared to 2021 when it was 9.65%. This indicates some fluctuations in the company's ability to generate profit before taxes relative to its total revenue during the period under review. It is important to further investigate the underlying factors influencing these changes in pretax margin to assess the company's overall financial performance and efficiency.
Peer comparison
Dec 31, 2023