Kadant Inc (KAI)
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 | 152,114 | 158,279 | 164,834 | 111,214 | 73,144 |
| Revenue | US$ in thousands | 1,050,980 | 950,662 | 896,492 | 782,025 | 627,794 |
| Pretax margin | 14.47% | 16.65% | 18.39% | 14.22% | 11.65% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $152,114K ÷ $1,050,980K
= 14.47%
Based on the data provided, Kadant Inc's pretax margin has shown a generally positive trend over the years. The pretax margin increased from 11.65% in December 2020 to 18.39% in December 2022, indicating improved profitability before taxes. However, there was a slight dip in the pretax margin to 16.65% in December 2023 and further decreased to 14.47% by December 2024.
Overall, Kadant Inc has demonstrated an ability to generate profits before taxes, with fluctuations in the pretax margin possibly influenced by various factors such as changes in costs, revenues, or operating efficiency. It would be important for stakeholders to closely monitor these fluctuations to understand the company's financial performance and prospects for the future.
Peer comparison
Dec 31, 2024