Taylor Morn Home (TMHC)
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 | 1,152,860 | 1,017,030 | 1,389,230 | 843,767 | 318,029 |
| Revenue | US$ in thousands | 8,168,140 | 7,417,830 | 8,224,920 | 7,501,260 | 6,129,320 |
| Pretax margin | 14.11% | 13.71% | 16.89% | 11.25% | 5.19% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,152,860K ÷ $8,168,140K
= 14.11%
The pretax margin of Taylor Morn Home has shown a positive trend over the past five years. It increased from 5.19% in December 2020 to 14.11% in December 2024, with fluctuations in between. The significant increase from 2020 to 2022 indicates improved operational efficiency and cost management, resulting in higher profitability before taxes. However, there was a slight dip in 2023, but the margin remained relatively strong. Overall, the pretax margin trend reflects the company's ability to generate profits from its operations before considering tax implications, showcasing a generally favorable financial performance.
Peer comparison
Dec 31, 2024