N-Able Inc (NABL)

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 54,270 44,326 30,425 11,592 4,856
Revenue US$ in thousands 462,627 421,880 371,769 346,456 302,871
Pretax margin 11.73% 10.51% 8.18% 3.35% 1.60%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $54,270K ÷ $462,627K
= 11.73%

The pretax margin of N-Able Inc has shown a positive trend over the past five years, starting at 1.60% on December 31, 2020, and steadily increasing to 11.73% by December 31, 2024. This indicates that the company's ability to generate profits before taxes has been improving consistently. The significant growth in pretax margin from 2020 to 2024 suggests that N-Able Inc has become more efficient in managing its operating expenses and generating higher revenues relative to its costs. This positive trend is a favorable sign of the company's financial health and operational effectiveness.