Quanta Services Inc (PWR)
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 | 1,212,030 | 969,956 | 703,886 | 622,901 | 571,346 |
| Revenue | US$ in thousands | 23,672,800 | 20,882,200 | 17,073,900 | 12,980,200 | 11,202,700 |
| Pretax margin | 5.12% | 4.64% | 4.12% | 4.80% | 5.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,212,030K ÷ $23,672,800K
= 5.12%
Based on the data provided, Quanta Services Inc's pretax margin has shown some fluctuations over the five-year period from 2020 to 2024. The pretax margin decreased from 5.10% in 2020 to 4.80% in 2021, indicating a slight decline in profitability before further decreasing to 4.12% in 2022. However, there was a slight improvement in 2023 where the pretax margin increased to 4.64%, suggesting a potential stabilization of profitability.
In 2024, the pretax margin improved to 5.12%, surpassing the level in 2020. This upward trend in 2024 indicates a positive result for the company in terms of profitability.
Overall, while there were fluctuations in Quanta Services Inc's pretax margin over the five-year period, the improvement in 2024 suggests a potential positive outlook for the company's profitability. It is important for the company to continue monitoring and managing its expenses and revenue to maintain and potentially increase its pretax margin in the future.
Peer comparison
Dec 31, 2024