Saia Inc (SAIA)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	476,008	492,817	500,385	486,042	466,227	443,883	441,342	464,624	468,048	471,717	449,337	387,302	332,773	286,020	235,127	187,444	176,278	152,254	141,332	155,897
Revenue (ttm)	US$ in thousands	3,208,532	3,168,231	3,101,011	2,972,214	2,877,988	2,783,224	2,737,815	2,788,663	2,789,396	2,750,341	2,640,762	2,466,465	2,289,386	2,149,757	2,010,987	1,856,791	1,819,754	1,786,337	1,772,393	1,818,283
Pretax margin		14.84%	15.55%	16.14%	16.35%	16.20%	15.95%	16.12%	16.66%	16.78%	17.15%	17.02%	15.70%	14.54%	13.30%	11.69%	10.10%	9.69%	8.52%	7.97%	8.57%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $476,008K ÷ $3,208,532K
= 14.84%

Saia Inc has shown a fluctuating trend in its pretax margin over the past years. Starting from the first quarter of 2020 at 8.57%, the pretax margin experienced slight variations until the end of the year, reaching 9.69% by December 2020. Subsequently, there was a progressive increase in the pretax margin, with significant growth observed in the following quarters. The pretax margin reached its peak at 17.15% by September 2022. However, in the subsequent quarters, the pretax margin experienced a slight decline, settling at 14.84% by December 2024.

Overall, the pretax margin of Saia Inc has shown positive performance, exhibiting both growth and slight setbacks. It is important for the company to closely monitor its operational efficiency and cost management strategies to sustain profitability levels in the future.