Graham Holdings Co (GHC)
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 | 1,024,710 | 299,004 | 121,734 | 449,627 | 407,268 |
| Revenue | US$ in thousands | 4,790,900 | 4,414,880 | 3,924,490 | 3,185,970 | 2,889,120 |
| Pretax margin | 21.39% | 6.77% | 3.10% | 14.11% | 14.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,024,710K ÷ $4,790,900K
= 21.39%
Based on the data provided, Graham Holdings Co's pretax margin has shown some fluctuations over the past five years. In December 2020 and 2021, the pretax margin remained relatively stable at around 14.1%. However, there was a significant drop in the margin in December 2022 to 3.1%, indicating a decrease in profitability before tax.
Subsequently, there was an improvement in the pretax margin in December 2023, increasing to 6.77%. This suggests that the company may have taken measures to enhance its profitability during that period. The most significant improvement occurred in December 2024, where the pretax margin spiked to 21.39%, indicating a substantial increase in profitability before tax.
Overall, the trend in pretax margin for Graham Holdings Co shows variability over the five-year period, with fluctuations that may reflect changes in the company's financial performance and operating efficiency.
Peer comparison
Dec 31, 2024