Leidos Holdings Inc (LDOS)

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 1,642,000 394,000 878,000 961,000 780,000
Revenue US$ in thousands 16,662,000 15,438,000 14,396,000 13,737,000 12,297,000
Pretax margin 9.85% 2.55% 6.10% 7.00% 6.34%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $1,642,000K ÷ $16,662,000K
= 9.85%

Leidos Holdings Inc's pretax margin has exhibited fluctuations over the past five years. The trend indicates a slight improvement from 6.34% in December 2020 to 7.00% in December 2021, signaling enhanced profitability before taxes. However, the pretax margin dipped to 6.10% in December 2022 before experiencing a significant decline to 2.55% in December 2023, suggesting potential challenges in generating profits relative to revenue during that period. Notably, a notable recovery occurred in December 2024, with the pretax margin surging to 9.85%, revealing a substantial increase in profitability before taxes. Overall, while the company faced some fluctuations in pretax margin, it demonstrated resilience and managed to achieve a strong pretax margin in the most recent year.