Knight Transportation Inc (KNX)
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 | 149,046 | 270,289 | 1,020,510 | 974,635 | 560,311 |
| Revenue | US$ in thousands | 7,410,080 | 7,141,770 | 7,428,580 | 5,998,020 | 4,673,860 |
| Pretax margin | 2.01% | 3.78% | 13.74% | 16.25% | 11.99% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $149,046K ÷ $7,410,080K
= 2.01%
The pretax margin of Knight Transportation Inc has shown varying trends over the past five years. In December 2020, the pretax margin was 11.99%, indicating that the company retained around 11.99 cents of each dollar of revenue before taxes. This margin increased to 16.25% by December 2021, showcasing an improvement in the company's profitability.
However, there was a decline in the pretax margin in December 2022 to 13.74%, possibly due to changes in expenses or revenues. The trend continued downward in December 2023, with a pretax margin of 3.78%, suggesting potentially lower profitability or higher costs impacting the company's earnings.
By December 2024, the pretax margin further dropped to 2.01%, indicating a significant decrease in profitability for Knight Transportation Inc. This decline may raise concerns about the company's ability to control costs effectively or generate sufficient revenue to cover expenses before taxes.
Overall, fluctuations in the pretax margin of Knight Transportation Inc highlight the importance of closely monitoring and analyzing profitability metrics to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024