EchoStar Corporation (SATS)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -1,998,920 | 233,223 | 128,347 | -27,835 | -42,429 |
| Revenue | US$ in thousands | 15,266,000 | 2,033,290 | 1,986,150 | 1,801,530 | 1,803,760 |
| Pretax margin | -13.09% | 11.47% | 6.46% | -1.55% | -2.35% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-1,998,920K ÷ $15,266,000K
= -13.09%
The pretax margin of EchoStar Corporation has shown fluctuations over the past five years. In 2023, the pretax margin was -13.09%, indicating that the company incurred losses before taxes during that period. This is a significant decline from the previous year when the pretax margin was 11.47%, reflecting a decrease in profitability.
In 2022, EchoStar Corporation demonstrated a positive pretax margin of 11.47%, showing the company's ability to generate profits before taxes. This was an improvement from 2021 when the pretax margin was 6.46%, suggesting a growth in profitability.
In 2020 and 2019, EchoStar Corporation experienced negative pretax margins of -1.55% and -2.35%, respectively, indicating losses incurred before taxes during those years.
Overall, the analysis of EchoStar Corporation's pretax margin highlights a mix of profitability levels over the past five years, with fluctuations impacting the company's financial performance. It is essential for stakeholders to monitor these trends and assess the factors driving the changes in pretax margin to make informed decisions about the company's financial health.
Peer comparison
Dec 31, 2023