O’Reilly Automotive Inc (ORLY)
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 | 3,045,064 | 3,031,398 | 3,030,144 | 3,027,720 | 3,004,750 | 2,979,466 | 2,894,648 | 2,842,814 | 2,798,655 | 2,796,632 | 2,755,312 | 2,759,348 | 2,781,914 | 2,637,619 | 2,603,496 | 2,542,572 | 2,266,405 | 2,175,789 | 1,991,276 | 1,755,837 |
| Revenue (ttm) | US$ in thousands | 16,708,480 | 16,444,900 | 16,283,840 | 16,080,630 | 15,812,250 | 15,624,720 | 15,219,960 | 14,821,710 | 14,409,860 | 14,056,860 | 13,737,810 | 13,532,670 | 13,327,560 | 12,864,840 | 12,592,910 | 12,218,910 | 11,604,500 | 11,258,710 | 10,717,600 | 10,215,870 |
| Pretax margin | 18.22% | 18.43% | 18.61% | 18.83% | 19.00% | 19.07% | 19.02% | 19.18% | 19.42% | 19.90% | 20.06% | 20.39% | 20.87% | 20.50% | 20.67% | 20.81% | 19.53% | 19.33% | 18.58% | 17.19% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,045,064K ÷ $16,708,480K
= 18.22%
The pretax margin of O’Reilly Automotive Inc has shown a relatively stable trend over the period from March 31, 2020, to December 31, 2024. The pretax margin indicates the company's profitability before taxes are taken into account.
Starting at 17.19% on March 31, 2020, the pretax margin gradually increased to reach a peak of 20.87% on December 31, 2021. This improvement suggests that the company was able to effectively manage its operating expenses and generate higher revenues during this period.
However, after reaching its peak, the pretax margin experienced a slight decline to 18.22% by December 31, 2024. This decline may indicate increased costs, changes in the pricing strategy, or other factors impacting profitability. Despite the slight decrease, the pretax margin remained at a healthy level, reflecting O’Reilly Automotive Inc's ability to maintain solid profitability levels over the years.
Overall, the pretax margin analysis indicates that O’Reilly Automotive Inc has been able to efficiently manage its operations and generate profits before considering tax implications, demonstrating a level of financial stability and effective cost management during the period under review.
Peer comparison
Dec 31, 2024