Manhattan Associates Inc (MANH)

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 266,814 213,671 158,121 134,072 113,776
Revenue US$ in thousands 1,048,890 932,692 769,284 664,197 585,552
Pretax margin 25.44% 22.91% 20.55% 20.19% 19.43%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $266,814K ÷ $1,048,890K
= 25.44%

Manhattan Associates Inc's pretax margin has shown a consistent upward trend over the years, reflecting improvements in the company's profitability before taxes. The pretax margin increased from 19.43% in December 2020 to 25.44% by December 2024. This signifies that Manhattan Associates Inc has been effectively managing its operating expenses and generating higher revenues relative to its pre-tax costs. The rising pretax margin indicates the company's ability to maintain a strong financial performance and potentially enhance shareholder value through increased earnings.