Match Group Inc (MTCH)
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 | 704,056 | 111,344 | 377,491 | 256,148 | 630,952 |
| Revenue | US$ in thousands | 3,479,370 | 3,364,500 | 3,188,840 | 2,983,280 | 2,391,270 |
| Pretax margin | 20.24% | 3.31% | 11.84% | 8.59% | 26.39% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $704,056K ÷ $3,479,370K
= 20.24%
Match Group Inc's pretax margin has fluctuated over the past five years, ranging from a high of 26.39% in December 2020 to a low of 3.31% in December 2023. The pretax margin represents the company's profitability before accounting for taxes, and a higher pretax margin indicates that the company is generating more earnings relative to its total revenue.
In December 2021, the pretax margin dropped to 8.59%, which may have been influenced by various factors such as changes in revenue, operating expenses, or tax liabilities. However, the pretax margin rebounded to 11.84% in December 2022, showing some improvement in profitability.
The significant increase to 20.24% in December 2024 suggests that Match Group Inc's profitability has recovered and exceeded its performance in previous years. This improvement could be attributed to factors such as cost-cutting efforts, increased revenue, or more efficient operations.
Overall, analyzing Match Group Inc's pretax margin over the five-year period provides insights into the company's financial performance and helps assess its ability to generate profits before accounting for taxes.
Peer comparison
Dec 31, 2024