Installed Building Products Inc (IBP)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 333,100 | 335,591 | 325,854 | 324,441 | 303,307 | 249,208 | 213,362 | 178,259 | 155,475 | 154,025 | 144,663 | 132,946 | 131,177 | 120,485 | 111,457 | 102,089 | 92,605 | 87,252 | 79,351 | 75,737 |
| Revenue (ttm) | US$ in thousands | 2,746,664 | 2,702,728 | 2,720,605 | 2,704,681 | 2,627,372 | 2,480,286 | 2,267,738 | 2,081,968 | 1,934,728 | 1,846,449 | 1,757,295 | 1,662,899 | 1,623,163 | 1,590,343 | 1,565,412 | 1,545,395 | 1,491,865 | 1,443,755 | 1,399,481 | 1,360,209 |
| Pretax margin | 12.13% | 12.42% | 11.98% | 12.00% | 11.54% | 10.05% | 9.41% | 8.56% | 8.04% | 8.34% | 8.23% | 7.99% | 8.08% | 7.58% | 7.12% | 6.61% | 6.21% | 6.04% | 5.67% | 5.57% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $333,100K ÷ $2,746,664K
= 12.13%
Installed Building Products Inc's pretax margin has shown a relatively stable trend over the past eight quarters, ranging from 8.41% in Q1 2022 to 12.23% in Q3 2023. The company has demonstrated consistent profitability levels before accounting for taxes. The recent quarters, Q3 and Q4 2023, indicated an improvement in pretax margin compared to the same periods in the previous year, which suggests enhanced efficiency in managing costs and generating revenue. Overall, the upward trend in pretax margin reflects favorable financial performance and potential for sustained profitability in the future.
Peer comparison
Dec 31, 2023