Schneider National Inc (SNDR)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 198,100 | 238,500 |
| Revenue (ttm) | US$ in thousands | 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 | 4,747,000 | 4,912,300 |
| Pretax margin | 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% | 4.17% | 4.86% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $145,300K ÷ $5,359,400K
= 2.71%
Schneider National Inc's pretax margin has exhibited some fluctuations over the past several quarters. The trend shows a general decline from a high of 9.88% in March 2022 to a low of 2.71% in June 2024. The company experienced a peak pretax margin of 9.51% in March 2023, followed by a gradual decrease in subsequent periods.
The pretax margin measures the efficiency of Schneider National Inc in generating profits before accounting for taxes relative to its revenue. A higher pretax margin indicates better profitability and cost management, while a lower margin may suggest challenges in controlling operating expenses or increasing revenues.
The fluctuation in Schneider National Inc's pretax margin could be attributed to various factors such as changes in operating costs, revenue growth or decline, pricing strategies, economic conditions, or industry competition. It is important for the company to closely monitor its margins and implement strategies to improve efficiency and profitability in order to maintain sustainable financial performance in the long term.
Peer comparison
Jun 30, 2024