Inter Parfums Inc (IPAR)
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 | 229,316 | 214,471 | 164,120 | 128,403 | 57,600 |
| Revenue | US$ in thousands | 1,451,240 | 1,317,700 | 1,086,700 | 879,500 | 539,000 |
| Pretax margin | 15.80% | 16.28% | 15.10% | 14.60% | 10.69% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $229,316K ÷ $1,451,240K
= 15.80%
Inter Parfums Inc's pretax margin has shown a positive trend over the years, indicating improvement in the company's efficiency in generating profits before taxes relative to its revenue.
From December 31, 2020, where the pretax margin stood at 10.69%, there has been a steady increase in subsequent years. By December 31, 2021, the pretax margin had improved to 14.60%, reflecting better cost management or possibly increased revenue.
The positive trend continued into 2022 and 2023, with pretax margins of 15.10% and 16.28%, respectively. These increases suggest that the company has been able to control its operating expenses or enhance its revenue streams effectively.
However, there was a slight drop in the pretax margin by December 31, 2024, to 15.80%, indicating a potential need for Inter Parfums Inc to re-evaluate its cost structure or search for new growth opportunities to maintain profitability.
Overall, the steady improvement in Inter Parfums Inc's pretax margin from 2020 to 2023 indicates operational efficiency and effective financial management, although the slight decline in 2024 emphasizes the importance of ongoing monitoring and strategic adjustments to sustain profitability.
Peer comparison
Dec 31, 2024