Green Plains Renewable Energy Inc (GPRE)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	-76,312	-21,389	-54,253	-83,226	-99,038	-139,730	-229,667	-126,751	-122,483	-93,569	-77,758	-122,108	-64,126	-110,869	-78,440	-103,097	-159,197	-127,880	-152,229	-193,179
Revenue (ttm)	US$ in thousands	2,458,796	2,587,166	2,821,201	3,060,008	3,295,743	3,497,394	3,559,601	3,714,359	3,662,845	3,551,121	3,342,935	3,054,963	2,827,168	2,503,613	2,180,884	1,844,490	1,923,719	2,160,632	2,368,920	2,611,466
Pretax margin		-3.10%	-0.83%	-1.92%	-2.72%	-3.01%	-4.00%	-6.45%	-3.41%	-3.34%	-2.63%	-2.33%	-4.00%	-2.27%	-4.43%	-3.60%	-5.59%	-8.28%	-5.92%	-6.43%	-7.40%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-76,312K ÷ $2,458,796K
= -3.10%

Green Plains Renewable Energy Inc's pretax margin has shown a declining trend from March 31, 2020, to December 31, 2024. The pretax margin ranged from -7.40% to -0.83% during this period. The company experienced the lowest pretax margin of -7.40% on March 31, 2020, and saw an improvement in its performance with a pretax margin of -0.83% on September 30, 2024.

Overall, the pretax margin indicates the company's ability to generate profits before accounting for taxes relative to its total revenue. A negative pretax margin suggests that the company's expenses, excluding taxes, were higher than its revenue during the periods observed. Although the pretax margin improved towards the later periods in the dataset, it is essential for Green Plains Renewable Energy Inc to continue monitoring and managing its expenses effectively to enhance its profitability.