Ingersoll Rand Inc (IR)

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 1,101,100 1,018,700 754,300 540,700 -21,900
Revenue US$ in thousands 7,235,000 6,876,100 5,916,300 5,152,400 3,973,200
Pretax margin 15.22% 14.82% 12.75% 10.49% -0.55%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $1,101,100K ÷ $7,235,000K
= 15.22%

Ingersoll Rand Inc's pretax margin has demonstrated a positive trend over the past five years, starting at a negative figure of -0.55% in December 2020 and steadily increasing to 10.49% in December 2021, 12.75% in December 2022, 14.82% in December 2023, and reaching 15.22% in December 2024. This indicates a consistent improvement in the company's ability to generate profits before accounting for taxes relative to its revenue. The upward trend in pretax margin suggests that Ingersoll Rand Inc has been able to effectively manage its costs and operating expenses, resulting in greater operational efficiency and profitability over the years.