Tegna Inc (TGNA)
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 | 772,987 | 606,546 | 833,568 | 613,678 | 637,056 |
| Revenue | US$ in thousands | 3,101,970 | 2,910,930 | 3,279,240 | 2,991,090 | 2,937,780 |
| Pretax margin | 24.92% | 20.84% | 25.42% | 20.52% | 21.68% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $772,987K ÷ $3,101,970K
= 24.92%
Based on the provided data, Tegna Inc's pretax margin has shown some fluctuations over the years. In 2020, the pretax margin stood at 21.68%, indicating that the company retained approximately $0.217 for every $1 of revenue before taxes.
In 2021, there was a slight decrease in the pretax margin to 20.52%, suggesting that the company's profitability slightly declined. However, in 2022, there was a notable improvement as the pretax margin increased to 25.42%, showcasing the company's ability to generate more profit relative to its revenue.
The following year, in 2023, the pretax margin dropped to 20.84%, indicating a decrease in profitability compared to the previous year. Nonetheless, by 2024, Tegna Inc managed to enhance its pretax margin to 24.92%, signaling a recovery in profitability.
Overall, Tegna Inc's pretax margin has displayed some volatility, with fluctuations observed in its profitability levels. It is crucial for the company to monitor and manage its expenses and revenue considerations to sustain and potentially enhance its pretax margin in the future.
Peer comparison
Dec 31, 2024