Saia Inc (SAIA)
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 | 476,008 | 466,227 | 468,048 | 332,773 | 176,278 |
Revenue | US$ in thousands | 3,209,070 | 2,881,430 | 2,789,400 | 2,289,390 | 1,819,720 |
Pretax margin | 14.83% | 16.18% | 16.78% | 14.54% | 9.69% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $476,008K ÷ $3,209,070K
= 14.83%
Based on the data provided, Saia Inc's pretax margin has shown a generally positive trend over the years, increasing from 9.69% in December 31, 2020, to 14.83% in December 31, 2024. The pretax margin indicates the company's ability to generate profits before considering taxes relative to its total revenue.
The upward trend in pretax margin suggests that Saia Inc has been effectively managing its expenses and operating efficiently, resulting in a higher proportion of revenue translating into profits. The pretax margin of 16.78% in December 31, 2022, indicates a particularly strong performance, reflecting potential improvements in cost management or revenue growth strategies during that period.
However, the slight decrease in pretax margin from 16.78% in 2022 to 14.83% in 2024 may warrant further investigation to understand the factors contributing to this decline. It is important for Saia Inc to continue monitoring its pretax margin to ensure sustainable profitability and operational effectiveness in the future.
Peer comparison
Dec 31, 2024