IAC Inc. (IAC)
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 | -692,399 | 9,372 | -148,204 | -88,026 | 367,135 | -90,546 | 328,402 | -660,061 | -1,526,239 | -1,504,609 | -1,341,740 | 53,800 | 742,840 | 1,295,150 | 1,380,546 | 959,253 | 209,567 | 175,311 | 18,257 | 165,375 |
| Revenue (ttm) | US$ in thousands | 3,807,233 | 3,875,956 | 4,048,577 | 4,210,640 | 4,365,230 | 4,553,650 | 4,743,210 | 4,994,200 | 5,235,270 | 5,148,260 | 4,771,428 | 4,238,395 | 3,789,043 | 3,478,422 | 3,342,731 | 3,239,545 | 3,047,681 | 4,920,632 | 4,837,637 | 4,799,961 |
| Pretax margin | -18.19% | 0.24% | -3.66% | -2.09% | 8.41% | -1.99% | 6.92% | -13.22% | -29.15% | -29.23% | -28.12% | 1.27% | 19.60% | 37.23% | 41.30% | 29.61% | 6.88% | 3.56% | 0.38% | 3.45% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-692,399K ÷ $3,807,233K
= -18.19%
The pretax margin of IAC Inc. has exhibited significant fluctuations over the past few quarters.
From March 31, 2020, to March 31, 2021, the pretax margin showed a remarkable increase from 3.45% to 29.61%, indicating improved profitability and operational efficiency. This positive trend continued in the subsequent quarter with a pretax margin of 41.30% on June 30, 2021.
However, starting from September 30, 2021, the pretax margin began to decline, reaching 0.24% by December 31, 2024, which indicates a negative impact on profitability. Notably, in the quarters ended June 30, 2022, and September 30, 2022, the pretax margin turned negative, indicating potential financial challenges during that period.
The fluctuating pretax margin trend suggests that IAC Inc. may be experiencing varying levels of profitability and operational performance, highlighting the importance of closely monitoring the company's financial health and performance drivers over time.
Peer comparison
Dec 31, 2024