T-Mobile US Inc (TMUS)
Pretax margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 10,999,000 | 10,283,000 | 7,887,000 | 4,786,000 | 3,146,000 | 1,448,000 | 1,685,000 | 3,103,000 | 3,351,000 | 3,943,000 | 4,915,000 | 3,772,000 | 3,850,000 | 3,994,000 | 3,529,000 | 4,657,000 | 4,603,000 | 4,476,000 | 4,411,000 | 4,239,000 |
| Revenue (ttm) | US$ in thousands | 77,918,000 | 77,735,000 | 77,992,000 | 78,482,000 | 78,966,000 | 78,661,000 | 77,903,000 | 77,244,000 | 76,018,000 | 76,693,000 | 76,235,000 | 73,752,000 | 65,682,000 | 57,219,000 | 49,869,000 | 44,117,000 | 44,360,000 | 43,927,000 | 43,695,000 | 43,488,000 |
| Pretax margin | 14.12% | 13.23% | 10.11% | 6.10% | 3.98% | 1.84% | 2.16% | 4.02% | 4.41% | 5.14% | 6.45% | 5.11% | 5.86% | 6.98% | 7.08% | 10.56% | 10.38% | 10.19% | 10.09% | 9.75% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $10,999,000K ÷ $77,918,000K
= 14.12%
T-Mobile US Inc's pretax margin has shown a positive trend over the past eight quarters, indicating an improvement in the company's profitability before taxes. The pretax margin increased from 3.86% in Q1 2022 to 14.00% in Q4 2023, reflecting a steady upward trajectory. This demonstrates that the company has been effectively managing its operating expenses and generating higher profits relative to its revenues. The consistent growth in pretax margin suggests that T-Mobile US Inc has been successful in enhancing its operational efficiency and financial performance over the analyzed period.