Itron Inc (ITRI)
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 | 282,512 | 125,991 | -15,928 | -126,767 | -57,717 |
| Revenue | US$ in thousands | 2,441,340 | 2,167,720 | 1,788,240 | 1,881,840 | 2,072,330 |
| Pretax margin | 11.57% | 5.81% | -0.89% | -6.74% | -2.79% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $282,512K ÷ $2,441,340K
= 11.57%
Itron Inc's pretax margin has shown fluctuations over the past five years, ranging from negative figures to positive percentages.
At the end of 2020, the pretax margin was at -2.79%, indicating that the company's operating expenses and costs were relatively high compared to its revenue before factoring in taxes. By the end of 2021, the pretax margin deteriorated further to -6.74%, suggesting worsened financial performance.
However, there was a notable improvement by the end of 2022, with the pretax margin improving to -0.89%, signaling that the company may have successfully managed its costs or witnessed revenue growth. Subsequently, by the end of 2023, the pretax margin turned positive, standing at 5.81%, indicating a significant turnaround in profitability.
The most recent data point, as of December 31, 2024, shows a substantial increase in the pretax margin to 11.57%, signifying a robust financial performance, more efficient cost management, or increased revenue generation.
In summary, the pretax margin trend for Itron Inc demonstrates fluctuations over the years, with recent improvements indicating a positive trajectory towards enhanced profitability and operational efficiency.
Peer comparison
Dec 31, 2024