N-Able Inc (NABL)

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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 54,270 64,093 55,576 49,369 44,326 37,903 32,617 29,936 30,425 24,005 24,943 22,061 11,592 1,166 -2,466 306 4,855
Revenue (ttm) US$ in thousands 464,013 458,053 449,178 435,811 421,880 409,220 395,180 380,727 371,769 365,517 360,413 354,126 346,456 336,833 324,709 312,793 302,871
Pretax margin 11.70% 13.99% 12.37% 11.33% 10.51% 9.26% 8.25% 7.86% 8.18% 6.57% 6.92% 6.23% 3.35% 0.35% -0.76% 0.10% 1.60%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $54,270K ÷ $464,013K
= 11.70%

The pretax margin of N-Able Inc has shown fluctuations over the reported period, ranging from negative figures to double-digit percentages. The company experienced a gradual improvement in pretax margin from negative percentages in mid-2021 to about 10.51% by the end of 2023. There was a peak in pretax margin at 13.99% in September 2024, followed by a slight decline to 11.70% in December of the same year. Overall, the trend indicates a positive trajectory in the company's profitability before accounting for taxes, with some variability in performance observed throughout the period.