LeMaitre Vascular Inc (LMAT)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 56,875 | 54,167 | 49,442 | 44,255 | 39,475 | 35,960 | 32,282 | 27,511 | 27,490 | 27,597 | 29,883 | 34,790 | 34,287 | 35,313 | 36,257 | 30,569 | 27,356 | 23,613 | 20,125 | 21,446 |
| Revenue (ttm) | US$ in thousands | 219,863 | 213,029 | 205,621 | 199,887 | 193,484 | 185,555 | 177,172 | 169,165 | 161,651 | 160,200 | 159,540 | 158,102 | 154,424 | 152,469 | 150,517 | 134,698 | 129,366 | 121,988 | 114,672 | 119,304 |
| Pretax margin | 25.87% | 25.43% | 24.05% | 22.14% | 20.40% | 19.38% | 18.22% | 16.26% | 17.01% | 17.23% | 18.73% | 22.00% | 22.20% | 23.16% | 24.09% | 22.69% | 21.15% | 19.36% | 17.55% | 17.98% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $56,875K ÷ $219,863K
= 25.87%
LeMaitre Vascular Inc's pretax margin has shown fluctuations over the past few years. It started at 17.98% in March 2020, gradually increased to 25.87% by December 2024. The company experienced an upward trend in pretax margin from 2020 to 2022, reaching a peak of 24.09% in June 2021. However, the pretax margin dipped in the subsequent quarters, hitting a low of 16.26% in March 2023. Thereafter, the trend reversed, with pretax margin steadily increasing to the highest point of 25.87% by December 2024.
Overall, the pretax margin indicates the company's ability to control costs and generate profits before taxes. It is essential for investors and stakeholders to monitor these trends to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024