Schneider National Inc (SNDR)
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 | 152,200 | 306,100 | 604,000 | 542,000 | 282,900 |
| Revenue | US$ in thousands | 5,290,500 | 5,498,900 | 6,604,400 | 5,608,700 | 4,552,800 |
| Pretax margin | 2.88% | 5.57% | 9.15% | 9.66% | 6.21% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $152,200K ÷ $5,290,500K
= 2.88%
Schneider National Inc's pretax margin has displayed varying trends over the past five years. In 2020, the pretax margin stood at 6.21%, indicating that for every dollar of revenue generated, the company retained $0.0621 as pretax profit. The margin then improved significantly in 2021 to 9.66%, suggesting enhanced profitability and operational efficiency.
However, in 2022 and 2023, the pretax margin slightly declined to 9.15% and 5.57%, respectively. This decrease could point towards factors such as increased costs or a slowdown in revenue growth impacting profitability. Notably, the most recent data for 2024 shows a further decline in the pretax margin to 2.88%.
The decreasing trend in pretax margin over the past two years raises concerns as it indicates a potential reduction in overall profitability and efficiency of Schneider National Inc's operations. Further analysis into the company's cost structure and revenue generation capabilities may be necessary to understand the factors contributing to this decline in pretax margin.
Peer comparison
Dec 31, 2024