Saia Inc (SAIA)

Pretax margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	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	146,652	152,194	146,109	136,959
Revenue (ttm)	US$ in thousands	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	1,780,974	1,744,659	1,701,913	1,666,971
Pretax margin		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%	8.23%	8.72%	8.58%	8.22%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $466,227K ÷ $2,877,988K
= 16.20%

Saia Inc.'s pretax margin has shown some fluctuations over the past eight quarters. The pretax margin, which represents the percentage of profit a company generates before taxes relative to its revenue, ranged from a high of 17.13% in Q3 2022 to a low of 15.71% in Q1 2022. Over the most recent four quarters, the pretax margin has hovered around the range of 15.93% to 16.64%. Despite some variability, Saia Inc. has generally maintained a healthy pretax margin, indicating efficient cost management and profitability relative to its revenue during the period analyzed.