EMCOR Group Inc (EME)
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 | 1,377,380 | 872,853 | 558,750 | 529,303 | 252,326 |
| Revenue | US$ in thousands | 14,566,100 | 12,582,900 | 11,076,100 | 9,903,580 | 8,797,060 |
| Pretax margin | 9.46% | 6.94% | 5.04% | 5.34% | 2.87% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,377,380K ÷ $14,566,100K
= 9.46%
The pretax margin of EMCOR Group Inc has shown a gradual improvement over the years, increasing from 2.87% as of December 31, 2020, to 9.46% as of December 31, 2024. This indicates that the company has been able to effectively manage its operating expenses relative to its revenue, resulting in higher profitability before accounting for taxes. The consistent growth in pretax margin reflects the company's ability to enhance operational efficiency and maintain a strong financial performance. An increasing pretax margin is generally seen as a positive indicator of a company's financial health and management effectiveness.
Peer comparison
Dec 31, 2024