EchoStar Corporation (SATS)
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 | -75,570 | -2,521,267 | -2,333,225 | -2,081,263 | -1,931,683 | 139,105 | 162,771 | 150,776 | 233,223 | 92,831 | 110,051 | 150,355 | 128,347 | 221,014 | 197,272 | 137,113 | -27,835 | -91,189 | -135,557 | -135,703 |
| Revenue (ttm) | US$ in thousands | 15,825,510 | 27,568,370 | 24,090,464 | 20,590,823 | 17,015,580 | 1,805,636 | 1,889,949 | 1,936,156 | 1,998,093 | 1,996,881 | 2,004,154 | 2,004,672 | 1,985,720 | 1,976,349 | 1,945,191 | 1,904,823 | 1,887,907 | 1,897,640 | 1,896,400 | 1,974,058 |
| Pretax margin | -0.48% | -9.15% | -9.69% | -10.11% | -11.35% | 7.70% | 8.61% | 7.79% | 11.67% | 4.65% | 5.49% | 7.50% | 6.46% | 11.18% | 10.14% | 7.20% | -1.47% | -4.81% | -7.15% | -6.87% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-75,570K ÷ $15,825,510K
= -0.48%
EchoStar Corporation's pretax margin has shown significant fluctuations over the past few years. The trend indicates that the company experienced negative pretax margins from March 2020 to December 2021, with margins ranging from -6.87% to -1.47%. However, there was a notable turnaround starting in March 2021, with positive pretax margins reported for the subsequent quarters. The pretax margins improved consistently, reaching a peak of 11.67% in December 2022.
Despite this positive trend, there was a sharp decline in profitability in the last quarter of 2023, with a significant decrease to -11.35%. This trend continued into 2024, with pretax margins remaining negative, albeit with some improvement compared to the previous quarter. The most recent data for December 2024 shows a slight recovery, with a pretax margin of -0.48%.
Overall, based on the data provided, EchoStar Corporation's pretax margin performance has been volatile, with periods of both negative and positive margins. Further analysis of the company's financial and operational strategies would be necessary to fully understand the factors driving these fluctuations.
Peer comparison
Dec 31, 2024