Sabre Corpo (SABR)
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 | -280,460 | -493,519 | -423,433 | -938,387 | -1,314,240 |
| Revenue | US$ in thousands | 3,029,560 | 2,907,740 | 2,537,020 | 1,688,880 | 1,334,100 |
| Pretax margin | -9.26% | -16.97% | -16.69% | -55.56% | -98.51% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-280,460K ÷ $3,029,560K
= -9.26%
Sabre Corpo's pretax margin has shown a declining trend over the years, starting at a significantly negative level of -98.51% as of December 31, 2020, which indicates that the company's operating expenses and other costs outweighed its gross profits before taxes. However, there has been an improvement in the pretax margin in the following years: -55.56% in 2021, -16.69% in 2022, -16.97% in 2023, and -9.26% in 2024.
While the company has been able to narrow its pretax losses over time, the margins are still in the negative territory. It is important for Sabre Corpo to continue monitoring and improving its cost structure, revenue generation, and operational efficiency in order to move towards positive pretax margins. Continued efforts in cost control and revenue growth strategies may help the company turn its pretax performance around and enhance profitability in the future.
Peer comparison
Dec 31, 2024