Exponent Inc (EXPO)
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 | 147,370 | 135,896 | 132,234 | 125,837 | 96,936 |
| Revenue | US$ in thousands | 558,514 | 536,766 | 513,293 | 466,269 | 399,900 |
| Pretax margin | 26.39% | 25.32% | 25.76% | 26.99% | 24.24% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $147,370K ÷ $558,514K
= 26.39%
Exponent Inc's pretax margin has shown a generally positive trend over the period from December 31, 2020, to December 31, 2024. The pretax margin increased from 24.24% in 2020 to 26.99% in 2021, indicating improved profitability before accounting for taxes. Although there was a slight decrease to 25.76% in 2022, Exponent Inc managed to maintain a strong pretax margin above 25% in the following years, with figures of 25.32% in 2023 and 26.39% in 2024. This consistent performance suggests efficient cost management and revenue generation strategies, contributing to the company's ability to generate profits prior to tax obligations. Overall, the trend in Exponent Inc's pretax margin reflects a stable financial position and effective operational performance during the period under review.
Peer comparison
Dec 31, 2024