Insperity Inc (NSP)

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 126,000 225,078 245,425 168,318 189,270
Revenue US$ in thousands 6,581,000 6,458,730 5,924,610 4,965,610 4,278,990
Pretax margin 1.91% 3.48% 4.14% 3.39% 4.42%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $126,000K ÷ $6,581,000K
= 1.91%

Insperity Inc's pretax margin has exhibited fluctuations over the past five years. Starting at 4.42% on December 31, 2020, it decreased to 3.39% by December 31, 2021. Subsequently, there was an improvement to 4.14% on December 31, 2022, but this was followed by a decline to 3.48% on December 31, 2023. The most recent data point shows a significant decrease to 1.91% by December 31, 2024. The downward trend in pretax margin may raise concerns about the company's profitability and operational efficiency. Further analysis of the underlying factors driving these fluctuations is recommended to understand the financial health of Insperity Inc.