Interface Inc (TILE)
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 | Jul 5, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 113,554 | 113,162 | 93,209 | 83,181 | 63,654 | 12,115 | 16,166 | 20,989 | 41,917 | 92,769 | 88,761 | 84,138 | 72,633 | 52,765 | 44,137 | 30,108 | 28,502 | -78,554 | -186,722 | -172,637 |
| Revenue (ttm) | US$ in thousands | 1,315,658 | 1,305,766 | 1,272,502 | 1,255,449 | 1,261,498 | 1,271,935 | 1,288,686 | 1,305,709 | 1,297,919 | 1,302,010 | 1,286,960 | 1,235,140 | 1,200,398 | 1,137,698 | 1,103,633 | 1,068,352 | 1,074,596 | 1,085,819 | 1,095,346 | 1,175,324 |
| Pretax margin | 8.63% | 8.67% | 7.32% | 6.63% | 5.05% | 0.95% | 1.25% | 1.61% | 3.23% | 7.13% | 6.90% | 6.81% | 6.05% | 4.64% | 4.00% | 2.82% | 2.65% | -7.23% | -17.05% | -14.69% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $113,554K ÷ $1,315,658K
= 8.63%
Interface Inc's pretax margin has shown a fluctuating trend over the period from June 30, 2020, to December 31, 2024. The company started the period with negative pretax margins, indicating a loss before tax. However, there was a significant improvement in performance, with the pretax margin turning positive by December 31, 2020, and continuing to increase steadily until September 30, 2022.
From December 31, 2022, to March 31, 2023, there was a slight decline in pretax margin before a more significant decrease by June 30, 2023. However, the company managed to bounce back, with the pretax margin increasing again by December 31, 2023, reaching its peak of 8.67% by September 30, 2024.
Overall, Interface Inc's pretax margin reflects a mix of both positive and negative trends over the period under review, with a general upward trajectory and improvements in profitability, especially in the latter years of the period.
Peer comparison
Dec 31, 2024