Installed Building Products Inc (IBP)
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 | 346,400 | 347,300 | 346,195 | 342,186 | 333,145 | 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 |
| Revenue (ttm) | US$ in thousands | 2,941,300 | 2,911,800 | 2,857,665 | 2,812,165 | 2,778,574 | 2,744,363 | 2,757,012 | 2,741,661 | 2,669,844 | 2,517,078 | 2,307,727 | 2,119,076 | 1,968,650 | 1,876,396 | 1,787,119 | 1,692,960 | 1,653,225 | 1,612,987 | 1,588,950 | 1,566,825 |
| Pretax margin | 11.78% | 11.93% | 12.11% | 12.17% | 11.99% | 12.23% | 11.82% | 11.83% | 11.36% | 9.90% | 9.25% | 8.41% | 7.90% | 8.21% | 8.09% | 7.85% | 7.93% | 7.47% | 7.01% | 6.52% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $346,400K ÷ $2,941,300K
= 11.78%
Installed Building Products Inc has shown a generally positive trend in its pretax margin over the past few years. The pretax margin, which is a measure of a company's profitability before taxes, has improved from 6.52% as of March 31, 2020, to 11.78% as of December 31, 2024.
The company experienced fluctuations in its pretax margin over the period, with some quarters showing more significant increases or decreases than others. Notably, the pretax margin grew steadily from June 30, 2022, to March 31, 2024, reaching its highest point of 12.23% on September 30, 2023. However, there was a slight decline in the pretax margin in the subsequent quarters, ending at 11.78% on December 31, 2024.
Overall, the upward trend in the pretax margin indicates that Installed Building Products Inc has been effectively managing its expenses and generating higher profits relative to its revenues. This trend may suggest operational efficiency improvements or successful cost control measures implemented by the company.
Peer comparison
Dec 31, 2024