Insight Enterprises Inc (NSIT)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 377,854 | 374,433 | 292,557 | 228,452 | 211,716 |
| Revenue | US$ in thousands | 9,134,720 | 10,391,700 | 9,395,600 | 8,298,980 | 7,702,710 |
| Pretax margin | 4.14% | 3.60% | 3.11% | 2.75% | 2.75% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $377,854K ÷ $9,134,720K
= 4.14%
Insight Enterprises Inc.'s pretax margin has shown a consistent improvement over the past five years, reflecting the company's ability to generate more profit before taxes relative to its revenue. The pretax margin increased from 2.74% in 2019 to 4.12% in 2023, indicating a positive trend in the company's profitability. This improvement suggests that Insight Enterprises Inc. has been effectively managing its costs, increasing sales, or both, to enhance its overall operational efficiency and profitability. The steady growth in pretax margin year over year demonstrates the company's consistent efforts in optimizing its financial performance.
Peer comparison
Dec 31, 2023