PACCAR Inc (PCAR)
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 | 5,400,900 | 5,718,200 | 3,848,700 | 2,396,300 | 1,661,600 |
| Revenue | US$ in thousands | 33,663,800 | 35,127,400 | 28,819,700 | 23,522,300 | 18,728,500 |
| Pretax margin | 16.04% | 16.28% | 13.35% | 10.19% | 8.87% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $5,400,900K ÷ $33,663,800K
= 16.04%
Based on the data provided, PACCAR Inc's pretax margin has shown a positive trend over the past few years, increasing from 8.87% in December 2020 to 16.04% in December 2024. This indicates that the company has been able to improve its efficiency in generating profits before accounting for taxes. The upward trend suggests that PACCAR Inc has been effectively managing its operating expenses and generating higher profits relative to its revenue. The significant increase in pretax margin from 2020 to 2024 demonstrates the company's ability to consistently enhance its profitability and operational performance over time.
Peer comparison
Dec 31, 2024