IAC Inc. (IAC)
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 | -692,399 | 367,135 | -1,526,240 | 737,413 | 244,160 |
| Revenue | US$ in thousands | 3,807,230 | 4,365,240 | 5,235,280 | 3,699,630 | 2,764,540 |
| Pretax margin | -18.19% | 8.41% | -29.15% | 19.93% | 8.83% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-692,399K ÷ $3,807,230K
= -18.19%
Pretax margin is a financial metric that indicates a company's profitability before accounting for taxes, relative to its revenue. Analyzing the pretax margin of IAC Inc. over the past five years reveals fluctuating performance:
1. December 31, 2020: The pretax margin was 8.83%, indicating that the company generated $0.0883 in pretax profit for every dollar of revenue.
2. December 31, 2021: The pretax margin improved significantly to 19.93%, showing a strong performance in generating profits before taxes.
3. December 31, 2022: However, in 2022, the pretax margin declined sharply to -29.15%, indicating that the company incurred pretax losses, which is a concerning sign for its financial health.
4. December 31, 2023: The pretax margin recovered to 8.41%, reversing the negative trend observed in the previous year.
5. December 31, 2024: Unfortunately, in 2024, the pretax margin deteriorated again to -18.19%, signaling a decline in profitability before tax expenses.
Overall, the fluctuating pretax margins of IAC Inc. over the past five years reflect varying levels of profitability and financial performance, with both positive and negative fluctuations impacting the company's bottom line. Further analysis of the underlying factors influencing these fluctuations would be necessary to understand the company's financial trajectory and prospects.
Peer comparison
Dec 31, 2024