Hub Group Inc (HUBG)
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 | 132,496 | 209,204 | 467,958 | 230,910 | 96,100 |
| Revenue | US$ in thousands | 3,948,950 | 4,197,040 | 5,358,280 | 4,244,580 | 3,485,460 |
| Pretax margin | 3.36% | 4.98% | 8.73% | 5.44% | 2.76% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $132,496K ÷ $3,948,950K
= 3.36%
The pretax margin of Hub Group Inc has shown fluctuations over the years based on the provided data. Starting at 2.76% on December 31, 2020, it increased to 5.44% by December 31, 2021, reflecting an improvement in profitability. The margin further rose to 8.73% by December 31, 2022, indicating a significant increase in the company's ability to generate profits before taxes.
However, there was a decrease in pretax margin to 4.98% by December 31, 2023, suggesting a slight dip in profitability. The trend continued with a further decline to 3.36% by December 31, 2024, showing a continued challenge in maintaining the higher levels of profitability seen in the earlier years.
Overall, while the company experienced fluctuations in its pretax margin over the years, it is essential to closely monitor future financial performance indicators to assess the sustainability of profits generated before taxes.
Peer comparison
Dec 31, 2024