National Presto Industries Inc (NPK)
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 | 50,670 | 42,431 | 25,944 | 32,459 | 59,988 |
| Revenue | US$ in thousands | 388,228 | 340,912 | 321,623 | 355,777 | 352,627 |
| Pretax margin | 13.05% | 12.45% | 8.07% | 9.12% | 17.01% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $50,670K ÷ $388,228K
= 13.05%
National Presto Industries Inc's pretax margin has shown variability over the past five years. The company's pretax margin was 17.01% as of December 31, 2020, which decreased to 9.12% by December 31, 2021. However, in the following year, the pretax margin further declined to 8.07%.
There was a positive trend in the pretax margin starting from December 31, 2022, where it improved to 12.45%, and further grew to 13.05% by December 31, 2024. This improvement indicates a better ability of the company to generate earnings before tax relative to its revenue, which may be attributed to cost controls, operational efficiencies, or other strategic initiatives.
Overall, the fluctuation in National Presto Industries Inc's pretax margin over the analyzed period suggests some level of financial volatility, but the recent upward trend indicates a positive direction for the company's profitability.
Peer comparison
Dec 31, 2024