SJW Group Common Stock (SJW)
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 | 102,937 | 90,943 | 82,324 | 68,847 | 69,895 |
| Revenue | US$ in thousands | 748,439 | 670,363 | 620,698 | 573,686 | 564,526 |
| Pretax margin | 13.75% | 13.57% | 13.26% | 12.00% | 12.38% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $102,937K ÷ $748,439K
= 13.75%
The pretax margin of SJW Group Common Stock has shown a generally stable trend over the past five years, ranging from 12.00% to 13.75%. The company's pretax margin was at its lowest in December 2021 at 12.00% and increased steadily in the following years, reaching its peak at 13.75% by December 31, 2024. This indicates that the company has been effective in managing its operating expenses relative to its revenue, resulting in improved profitability before accounting for taxes. The consistent improvement in pretax margin reflects the company's ability to generate higher earnings from its operations while controlling costs, which may enhance investor confidence in the company's financial performance and overall stability.
Peer comparison
Dec 31, 2024