Match Group Inc (MTCH)
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 | 704,056 | 731,393 | 764,837 | 768,310 | 776,781 | 619,917 | 584,980 | 366,081 | 377,491 | 82,653 | 56,034 | 273,787 | 256,148 | 648,765 | 654,292 | 644,309 | 215,669 | 186,978 | 176,872 | 172,591 |
| Revenue (ttm) | US$ in thousands | 3,479,373 | 3,485,425 | 3,471,541 | 3,437,027 | 3,364,504 | 3,284,429 | 3,212,375 | 3,177,336 | 3,188,843 | 3,208,760 | 3,201,049 | 3,114,296 | 2,983,277 | 2,828,614 | 2,666,549 | 2,514,239 | 3,075,387 | 3,641,660 | 4,248,760 | 4,879,970 |
| Pretax margin | 20.24% | 20.98% | 22.03% | 22.35% | 23.09% | 18.87% | 18.21% | 11.52% | 11.84% | 2.58% | 1.75% | 8.79% | 8.59% | 22.94% | 24.54% | 25.63% | 7.01% | 5.13% | 4.16% | 3.54% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $704,056K ÷ $3,479,373K
= 20.24%
The pretax margin of Match Group Inc has shown fluctuation over the analyzed periods. From March 31, 2020, where it stood at 3.54%, it gradually increased to 7.01% by December 31, 2020. There was a significant surge in performance in the following quarters, reaching 25.63% by March 31, 2021, and 24.54% by June 30, 2021. The pretax margin then started to decline, dropping to 1.75% by June 30, 2022, before gradually recovering to 23.09% by December 31, 2023.
However, in the subsequent periods, there was some volatility in the pretax margin, with fluctuations between 20-22% from June 30, 2024, to December 31, 2024. The average level of pretax margin during the analyzed periods was approximately 14%. This indicates that Match Group Inc has experienced variation in its ability to generate operating profit before considering taxes. Further analysis of the company's cost structure and revenue generation may provide insights into the factors driving these fluctuations in pretax margin.
Peer comparison
Dec 31, 2024