LeMaitre Vascular Inc (LMAT)
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 | 56,875 | 39,475 | 27,490 | 34,287 | 27,356 |
| Revenue | US$ in thousands | 219,863 | 193,484 | 161,651 | 154,424 | 129,366 |
| Pretax margin | 25.87% | 20.40% | 17.01% | 22.20% | 21.15% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $56,875K ÷ $219,863K
= 25.87%
LeMaitre Vascular Inc's pretax margin has shown fluctuations over the past years, ranging from 17.01% to 25.87%. Despite some variability, the trend appears to be generally positive. The company experienced an improvement in pretax margin from 2022 to 2024, with the margin increasing from 17.01% to 25.87%. This indicates that the company has been able to effectively manage its expenses relative to its revenue, resulting in a higher percentage of pre-tax profits. Overall, LeMaitre Vascular Inc's pretax margin demonstrates a favorable performance in recent years, reflecting the company's efficiency in generating profits before taxes.
Peer comparison
Dec 31, 2024