Interface Inc (TILE)
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 | 113,554 | 63,654 | 41,917 | 72,633 | -79,420 |
| Revenue | US$ in thousands | 1,315,660 | 1,261,500 | 1,297,920 | 1,200,400 | 1,103,260 |
| Pretax margin | 8.63% | 5.05% | 3.23% | 6.05% | -7.20% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $113,554K ÷ $1,315,660K
= 8.63%
Interface Inc's pretax margin has shown fluctuations over the past five years. Starting at a negative 7.20% in December 31, 2020, the company managed to turn things around and achieve a pretax margin of 6.05% by December 31, 2021. In the subsequent years, the pretax margin experienced some variability, with values of 3.23%, 5.05%, and 8.63% for the years 2022, 2023, and 2024, respectively. Overall, despite the fluctuations, Interface Inc has demonstrated an improvement in its pretax margin over the years, showcasing the company's efforts to enhance profitability and efficiency in its operations.
Peer comparison
Dec 31, 2024