EchoStar Corporation (SATS)
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 | -75,570 | -1,931,680 | 233,223 | 128,347 | -27,835 |
| Revenue | US$ in thousands | 15,825,500 | 17,015,600 | 1,998,090 | 1,985,720 | 1,887,910 |
| Pretax margin | -0.48% | -11.35% | 11.67% | 6.46% | -1.47% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-75,570K ÷ $15,825,500K
= -0.48%
EchoStar Corporation's pretax margin has shown significant fluctuations over the past five years.
In December 2020, the pretax margin was negative at -1.47%, indicating that the company was facing challenges in generating profits before accounting for taxes. However, by December 2021, the pretax margin improved to 6.46%, suggesting that EchoStar had managed to increase its profitability compared to the previous year.
The positive trend continued into December 2022, with the pretax margin reaching 11.67%. This significant improvement indicates that EchoStar was able to effectively control costs and increase revenue, resulting in higher profitability.
Unfortunately, by December 2023, there was a sharp decline in the pretax margin, dropping to -11.35%. This negative figure indicates that EchoStar faced financial difficulties or incurred significant losses during that period.
However, the company was able to rebound somewhat by December 2024, with the pretax margin improving to -0.48%. This indicates that EchoStar had managed to mitigate some of the challenges it faced the previous year.
Overall, EchoStar Corporation's pretax margin fluctuated widely over the five-year period, showcasing both strengths and weaknesses in the company's ability to generate profits before accounting for taxes. Further analysis would be needed to understand the specific factors driving these fluctuations and to assess the company's overall financial performance.
Peer comparison
Dec 31, 2024