Inspire Medical Systems Inc (INSP)
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 | 58,474 | 37,048 | 8,551 | -14,047 | -19,966 | -31,913 | -40,314 | -42,910 | -44,280 | -49,962 | -43,708 | -42,422 | -42,021 | -47,071 | -47,022 | -57,049 | -57,101 | -58,672 | -56,621 | -41,182 |
| Revenue (ttm) | US$ in thousands | 802,804 | 755,594 | 705,705 | 660,912 | 624,799 | 570,191 | 525,421 | 465,221 | 406,179 | 346,139 | 298,755 | 260,292 | 231,266 | 199,415 | 173,576 | 132,804 | 113,797 | 94,694 | 80,247 | 86,622 |
| Pretax margin | 7.28% | 4.90% | 1.21% | -2.13% | -3.20% | -5.60% | -7.67% | -9.22% | -10.90% | -14.43% | -14.63% | -16.30% | -18.17% | -23.60% | -27.09% | -42.96% | -50.18% | -61.96% | -70.56% | -47.54% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $58,474K ÷ $802,804K
= 7.28%
Inspire Medical Systems Inc's pretax margin has shown a consistent improvement over the past few years. The company experienced negative pretax margins from March 2020 to December 2023, with figures ranging from -47.54% to -3.20%. However, starting from March 2024, the pretax margin turned positive and continued to increase steadily. By the end of December 2024, the pretax margin reached 7.28%.
This positive trend indicates that the company has been able to manage its expenses more effectively and generate higher pre-tax profits as a percentage of its revenue. It suggests improved operational efficiency and potentially better financial health for Inspire Medical Systems Inc.
Peer comparison
Dec 31, 2024