NV5 Global Inc (NVEE)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 29,713 | 36,583 | 31,807 | 41,323 | 48,209 | 47,088 | 53,216 | 58,139 | 62,375 | 71,081 | 71,236 | 66,507 | 62,104 | 48,005 | 41,037 | 30,612 | 28,969 | 27,989 | 24,885 | 27,466 |
| Revenue (ttm) | US$ in thousands | 857,905 | 966,943 | 932,890 | 919,202 | 877,471 | 836,060 | 800,848 | 780,942 | 786,779 | 785,516 | 766,994 | 743,765 | 706,706 | 679,329 | 663,725 | 646,911 | 659,296 | 630,716 | 591,799 | 557,084 |
| Pretax margin | 3.46% | 3.78% | 3.41% | 4.50% | 5.49% | 5.63% | 6.64% | 7.44% | 7.93% | 9.05% | 9.29% | 8.94% | 8.79% | 7.07% | 6.18% | 4.73% | 4.39% | 4.44% | 4.20% | 4.93% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $29,713K ÷ $857,905K
= 3.46%
The pretax margin of NV5 Global Inc has demonstrated some fluctuation over the period under review. Starting at 4.93% in March 2020, the pretax margin remained relatively stable around 4-5% for the following quarters up to December 2021. From March to June 2021, there was a notable increase to 6.18%, which further improved to 9.29% by June 2022. Thereafter, the pretax margin moderated slightly, hovering around 7-9% until September 2022.
Subsequently, there was a decline in the pretax margin, dropping to 5.63% by September 2023 and further down to 3.41% by June 2024. The pretax margin remained low at around 3-4% for the latter half of 2024, ending at 3.46% in December.
Overall, the trend in the pretax margin of NV5 Global Inc showcases periods of both growth and decline. Investors may want to further investigate the factors influencing these fluctuations to gain a deeper understanding of the company's financial performance.
Peer comparison
Dec 31, 2024