Qualys Inc (QLYS)

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 209,822 178,651 133,700 89,397 102,037
Revenue US$ in thousands 607,571 554,458 489,723 411,172 362,963
Pretax margin 34.53% 32.22% 27.30% 21.74% 28.11%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $209,822K ÷ $607,571K
= 34.53%

Qualys Inc's pretax margin has shown fluctuation over the past five years. Starting at 28.11% on December 31, 2020, the margin decreased to 21.74% by December 31, 2021, before rebounding to 27.30% on December 31, 2022. Subsequently, the pretax margin improved significantly to 32.22% by December 31, 2023, and further increased to 34.53% by the end of December 31, 2024. This upward trend indicates an enhancement in the company's efficiency in generating profits before accounting for taxes, reflecting potential improvements in cost management or revenue growth strategies.