Teradata Corp (TDC)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 117,000 | 67,000 | 192,000 | -24,000 | -13,000 |
| Revenue | US$ in thousands | 1,986,000 | 1,937,000 | 2,058,000 | 1,915,000 | 1,955,000 |
| Pretax margin | 5.89% | 3.46% | 9.33% | -1.25% | -0.66% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $117,000K ÷ $1,986,000K
= 5.89%
Teradata Corp's pretax margin has shown fluctuations over the past five years. In 2023, the pretax margin improved significantly to 6.38% compared to 3.73% in 2022. This indicates that the company was able to generate a higher level of pre-tax profits relative to its revenue in 2023.
The pretax margin was notably higher in 2021 at 10.02%, reflecting strong profitability before accounting for taxes. However, in 2020 and 2019, Teradata Corp reported negative pretax margins of -1.31% and -0.68% respectively, indicating that the company incurred losses before taxes during those periods.
Overall, Teradata Corp's pretax margin has been variable, suggesting fluctuations in its profitability over the years. Further analysis of the underlying factors contributing to these fluctuations would be necessary to understand the company's financial performance in more detail.
Peer comparison
Dec 31, 2023