Hyatt Hotels Corporation (H)
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 | 1,563,000 | 310,000 | 363,000 | 44,000 | -960,000 |
| Revenue | US$ in thousands | 7,908,000 | 6,541,000 | 5,995,000 | 3,290,000 | 1,924,000 |
| Pretax margin | 19.76% | 4.74% | 6.06% | 1.34% | -49.90% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,563,000K ÷ $7,908,000K
= 19.76%
Hyatt Hotels Corporation's pretax margin has shown a significant improvement over the years based on the provided data.
In December 2020, the pretax margin was negative at -49.90%, indicating that the company incurred losses before accounting for taxes. However, by December 2021, the pretax margin had improved to 1.34%, signaling a shift towards profitability.
This positive trend continued in December 2022, with the pretax margin further increasing to 6.06%, showcasing improved operational efficiency and profitability. Although there was a slight dip in December 2023 to 4.74%, the company managed to maintain a healthy pretax margin.
By December 2024, Hyatt Hotels Corporation's pretax margin experienced a substantial surge to 19.76%, indicating a remarkable increase in profitability and potentially effective cost management strategies. Overall, the upward trajectory in pretax margin demonstrates the company's efforts to enhance financial performance and efficiency over the years.
Peer comparison
Dec 31, 2024