Schneider National Inc (SNDR)
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 | 152,200 | 138,500 | 145,300 | 201,500 | 306,100 | 418,800 | 540,400 | 609,800 | 604,000 | 643,200 | 622,500 | 592,700 | 542,000 | 464,400 | 377,500 | 297,400 | 282,900 | 257,200 | 223,800 | 207,000 |
| Revenue (ttm) | US$ in thousands | 5,290,500 | 5,323,100 | 5,359,400 | 5,389,200 | 5,498,900 | 5,688,900 | 6,012,200 | 6,412,600 | 6,604,400 | 6,617,500 | 6,386,700 | 6,000,600 | 5,608,700 | 5,299,100 | 4,990,300 | 4,662,300 | 4,552,800 | 4,443,900 | 4,492,100 | 4,672,000 |
| Pretax margin | 2.88% | 2.60% | 2.71% | 3.74% | 5.57% | 7.36% | 8.99% | 9.51% | 9.15% | 9.72% | 9.75% | 9.88% | 9.66% | 8.76% | 7.56% | 6.38% | 6.21% | 5.79% | 4.98% | 4.43% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $152,200K ÷ $5,290,500K
= 2.88%
Schneider National Inc's pretax margin has fluctuated over the past several quarters, starting at 4.43% as of March 31, 2020, and peaking at 9.88% as of March 31, 2022. Following this peak, the pretax margin showed a slight decline before stabilizing around the 9% mark for several quarters. However, there was a notable decrease in the pretax margin to 5.57% as of December 31, 2023, which further declined to 3.74% as of March 31, 2024.
The downward trend continued in the subsequent quarters, with the pretax margin falling to 2.71% as of June 30, 2024, and decreasing further to 2.60% by September 30, 2024. Despite a slight increase to 2.88% as of December 31, 2024, the pretax margin remains lower compared to previous periods.
This downward trajectory in the pretax margin indicates potential challenges in maintaining profitability and operational efficiency for Schneider National Inc during the latter part of 2023 and into 2024. It may be important for the company to assess its cost structure, revenue streams, and overall business operations to address and potentially reverse this declining trend in pretax margin.
Peer comparison
Dec 31, 2024