Alphabet Inc Class C (GOOG)
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 | 119,815,000 | 85,717,000 | 71,328,000 | 90,734,000 | 48,082,000 |
| Revenue | US$ in thousands | 348,963,000 | 305,559,000 | 281,279,000 | 257,637,000 | 182,527,000 |
| Pretax margin | 34.33% | 28.05% | 25.36% | 35.22% | 26.34% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $119,815,000K ÷ $348,963,000K
= 34.33%
The pretax margin of Alphabet Inc Class C has shown fluctuations over the years. In December 31, 2020, the pretax margin was at 26.34%, indicating that the company was generating $0.26 in pre-tax profit for every dollar of revenue. There was a significant improvement in December 31, 2021, with the pretax margin increasing to 35.22%, signifying enhanced profitability and efficient cost management. However, in December 31, 2022, the pretax margin decreased to 25.36%, possibly due to impacts from increased expenses or changes in revenue structure.
Subsequently, there was a slight recovery in December 31, 2023, with the pretax margin improving to 28.05%. This improvement may have been driven by strategic cost-cutting measures or revenue growth initiatives. By December 31, 2024, the pretax margin further increased to 34.33%, indicating a return to higher profitability levels. Overall, the pretax margin trend reflects a mix of operational efficiency and financial performance changes that have influenced Alphabet Inc Class C's profitability over the specified period.
Peer comparison
Dec 31, 2024