Group 1 Automotive Inc (GPI)
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 | 658,500 | 800,200 | 985,300 | 800,900 | 370,300 |
| Revenue | US$ in thousands | 19,934,300 | 17,873,700 | 16,222,100 | 13,481,900 | 10,851,800 |
| Pretax margin | 3.30% | 4.48% | 6.07% | 5.94% | 3.41% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $658,500K ÷ $19,934,300K
= 3.30%
Group 1 Automotive Inc's pretax margin has shown varying trends over the past five years. The pretax margin increased from 3.41% in December 2020 to 6.07% in December 2022, indicating improved profitability. However, in the subsequent years, there was a slight decrease in the pretax margin to 4.48% in December 2023 and further down to 3.30% in December 2024. This decreasing trend suggests a potential decline in the company's profitability or efficiency in managing operating expenses relative to its revenue. Additional factors such as changes in operating costs, sales volume, and economic conditions should be considered to better understand the fluctuations in Group 1 Automotive Inc's pretax margin.
Peer comparison
Dec 31, 2024