DXP Enterprises Inc (DXPE)
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 | 84,972 | 86,931 | 65,901 | 19,182 | -47,515 |
| Revenue | US$ in thousands | 1,802,040 | 1,678,600 | 1,480,830 | 1,113,920 | 1,005,270 |
| Pretax margin | 4.72% | 5.18% | 4.45% | 1.72% | -4.73% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $84,972K ÷ $1,802,040K
= 4.72%
The pretax margin of DXP Enterprises Inc has gradually improved over the years, depicting a positive trend. Starting at a negative figure of -4.73% on December 31, 2020, it has steadily increased to 1.72% by December 31, 2021, 4.45% by December 31, 2022, 5.18% by December 31, 2023, and slightly decreased to 4.72% by December 31, 2024. This indicates that the company's ability to generate profits before taxes has strengthened over the years, with 2023 showing a notable peak. Companies with higher pretax margins are generally more efficient at controlling costs and generating profits from their core operations.
Peer comparison
Dec 31, 2024