Talos Energy (TALO)

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	-71,390	64,487	-59,765	-50,594	126,735	48,949	317,503	494,682	384,452	460,080	192,439	-130,593	-184,587	-636,022	-699,219	-763,938	-430,022	-93,511	60,828	351,592
Revenue (ttm)	US$ in thousands	1,973,568	1,873,342	1,747,191	1,565,236	1,457,886	1,415,128	1,409,121	1,560,996	1,651,980	1,692,734	1,606,515	1,391,198	1,244,540	1,034,187	876,214	660,021	575,936	630,079	724,971	915,695
Pretax margin		-3.62%	3.44%	-3.42%	-3.23%	8.69%	3.46%	22.53%	31.69%	23.27%	27.18%	11.98%	-9.39%	-14.83%	-61.50%	-79.80%	-115.74%	-74.66%	-14.84%	8.39%	38.40%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-71,390K ÷ $1,973,568K
= -3.62%

The pretax margin of Talos Energy fluctuated over the period from March 31, 2020, to December 31, 2024. In the most recent period, ending December 31, 2024, the pretax margin stood at -3.62%. This indicates that for every dollar of revenue generated, the company's pre-tax profit was negative 3.62 cents.

It is important to note that the pretax margin experienced significant volatility during this period, reaching its lowest point of -115.74% on March 31, 2021, and its highest point of 38.40% on March 31, 2020. This suggests fluctuations in the company's profitability and efficiency in managing its operating expenses and generating earnings before taxes.

As of December 31, 2024, the pretax margin showed a slight improvement compared to the negative margins observed in previous quarters. Further monitoring of the pretax margin trend will be crucial to assess Talos Energy's financial performance and profitability in the future.