Acushnet Holdings Corp (GOLF)
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 | 249,667 | 241,600 | 259,435 | 247,823 | 113,049 |
| Revenue | US$ in thousands | 2,457,090 | 2,382,000 | 2,270,340 | 2,147,930 | 1,612,170 |
| Pretax margin | 10.16% | 10.14% | 11.43% | 11.54% | 7.01% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $249,667K ÷ $2,457,090K
= 10.16%
Acushnet Holdings Corp's pretax margin has shown a positive trend over the past five years, increasing from 7.01% in December 31, 2020, to 11.54% in December 31, 2021. Although there was a slight dip in 2023 to 10.14%, the company managed to maintain a pretax margin of 10.16% by December 31, 2024. This indicates that the company has been effectively managing its expenses relative to its revenue generation, resulting in higher profitability before taxes. Overall, the improving pretax margin demonstrates Acushnet Holdings Corp's ability to optimize its operational efficiency and profitability over the years.
Peer comparison
Dec 31, 2024