NV5 Global Inc (NVEE)
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 | 26,253 | 48,210 | 62,374 | 62,105 | 28,968 |
| Revenue | US$ in thousands | 483,233 | 861,739 | 786,778 | 706,706 | 659,296 |
| Pretax margin | 5.43% | 5.59% | 7.93% | 8.79% | 4.39% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $26,253K ÷ $483,233K
= 5.43%
Based on the data provided, NV5 Global Inc's pretax margin has exhibited some fluctuations over the years. In December 2020, the pretax margin stood at 4.39%, indicating that the company generated a pre-tax profit of approximately 4.39% for every dollar of revenue earned.
The pretax margin then experienced a significant increase to 8.79% by December 2021, reflecting improved profitability and operational efficiency. However, in the following year, by December 2022, the pretax margin slightly decreased to 7.93%, although it still remained at a relatively healthy level.
Subsequently, there was a further decline in the pretax margin to 5.59% by December 2023, suggesting potential challenges or expenses impacting the company's profitability. By December 2024, the pretax margin decreased slightly to 5.43%, indicating that NV5 Global Inc may need to focus on improving cost management or revenue generation to enhance its overall financial performance.
Peer comparison
Dec 31, 2024