Dorman Products Inc (DORM)
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 | 256,252 | 168,503 | 156,201 | 169,766 | 135,736 |
| Revenue | US$ in thousands | 2,009,200 | 1,929,790 | 1,733,750 | 1,345,250 | 1,092,750 |
| Pretax margin | 12.75% | 8.73% | 9.01% | 12.62% | 12.42% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $256,252K ÷ $2,009,200K
= 12.75%
Dorman Products Inc's pretax margin has displayed fluctuations over the past five years, ranging from a low of 8.73% in December 2023 to a high of 12.75% in December 2024. The pretax margin measures the company's profitability before taxes relative to its total revenue. The company maintained a relatively stable pretax margin around 12% in 2020 and 2021, indicating efficient cost management and strong operating performance. However, there was a decline in pretax margin in 2022 and 2023, possibly due to increased operating expenses or a decrease in revenue. The rebound to 12.75% in 2024 suggests a potential improvement in profitability, which could be a result of cost-cutting measures or revenue growth initiatives. Overall, monitoring and analyzing the pretax margin can provide insights into Dorman Products Inc's operational efficiency and financial health over time.
Peer comparison
Dec 31, 2024