Sturm Ruger & Company Inc (RGR)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 58,824 | 108,279 | 206,594 | 120,981 | 43,027 |
| Revenue | US$ in thousands | 543,767 | 595,842 | 730,736 | 568,868 | 410,506 |
| Pretax margin | 10.82% | 18.17% | 28.27% | 21.27% | 10.48% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $58,824K ÷ $543,767K
= 10.82%
The pretax margin of Sturm, Ruger & Co., Inc. has shown fluctuations over the past five years. The trend indicates a decrease from 2018 to 2019, with a pretax margin of 10.48% in 2019. However, the company experienced a significant improvement in 2020, reaching a pretax margin of 21.27%, indicating better cost control or revenue generation efficiency that year.
The year 2021 saw a further increase in pretax margin to 28.27%, reflecting potentially improved operational efficiency or stronger pricing power. Subsequently, in 2022, the pretax margin slightly declined to 18.17% but remained relatively healthy.
In 2023, the pretax margin declined to 10.82%, which may suggest increased expenses or lower revenue relative to the previous year. Overall, Sturm, Ruger & Co., Inc.'s pretax margin performance has shown variability, indicating the company's ability to manage costs and generate profit has fluctuated over the analyzed period.
Peer comparison
Dec 31, 2023