DoubleVerify Holdings Inc (DV)
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 | 88,790 | 95,877 | 59,368 | 25,821 | 17,309 |
| Revenue | US$ in thousands | 656,849 | 572,543 | 452,418 | 332,741 | 243,917 |
| Pretax margin | 13.52% | 16.75% | 13.12% | 7.76% | 7.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $88,790K ÷ $656,849K
= 13.52%
The pretax margin of DoubleVerify Holdings Inc has shown an increasing trend over the past five years. Starting at 7.10% in December 31, 2020, it gradually improved to 7.76% by December 31, 2021. The most significant jump occurred in December 31, 2022, reaching 13.12%, indicating improved profitability before taxes. This positive momentum continued into December 31, 2023, with a pretax margin of 16.75%, showcasing strong financial performance. However, there was a slight dip in December 31, 2024, where the pretax margin declined to 13.52%. Overall, DoubleVerify Holdings Inc has demonstrated a commendable ability to manage its expenses and generate operating income before taxes, although the slight decrease in the last year warrants further monitoring to ensure sustained profitability.
Peer comparison
Dec 31, 2024