Match Group Inc (MTCH)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 776,848 | 377,307 | 257,826 | 171,834 | 446,211 |
| Revenue | US$ in thousands | 3,364,500 | 3,188,840 | 2,983,280 | 2,391,270 | 2,051,260 |
| Pretax margin | 23.09% | 11.83% | 8.64% | 7.19% | 21.75% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $776,848K ÷ $3,364,500K
= 23.09%
Match Group Inc.'s pretax margin has fluctuated over the past five years. In 2023, the pretax margin significantly improved to 23.09%, showing a strong performance compared to 2022 and 2021. This increase indicates efficient cost management or increased revenues relative to operating expenses. In 2022, the pretax margin was 11.84%, demonstrating a decline from the previous year. However, it rebounded from 2019 when it was 10.40%. The highest pretax margin was observed in 2020 at 24.54%, indicating the company's profitability peaked during that year. Overall, Match Group Inc.'s pretax margin has shown variability, with a mix of strong performances and fluctuations in profitability over the analyzed period.
Peer comparison
Dec 31, 2023