TRI Pointe Homes Inc (TPH)

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	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	616,868	622,514	565,887	490,101	462,728	555,684	657,264	757,695	773,212	695,655	676,723	649,983	625,662	583,103	508,539	426,076	373,377	370,258	351,973	312,696
Revenue (ttm)	US$ in thousands	4,470,482	4,498,692	4,181,780	3,864,189	3,704,448	3,967,548	4,211,590	4,391,951	4,348,534	4,035,744	3,997,134	3,997,504	3,982,226	3,833,046	3,632,320	3,384,366	3,260,450	3,340,890	3,256,821	3,185,429
Pretax margin		13.80%	13.84%	13.53%	12.68%	12.49%	14.01%	15.61%	17.25%	17.78%	17.24%	16.93%	16.26%	15.71%	15.21%	14.00%	12.59%	11.45%	11.08%	10.81%	9.82%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $616,868K ÷ $4,470,482K
= 13.80%

TRI Pointe Homes Inc's pretax margin has shown a generally positive trend over the periods specified in the data. Starting at 9.82% in March 2020, the pretax margin steadily increased to a peak of 17.78% by December 2022. This upward trend reflects improving profitability before considering taxes.

However, there was a slight dip in the pretax margin in the following quarters, with values fluctuating between 12.49% and 17.25%. Despite the fluctuations, the company managed to maintain a pretax margin above 10% during these periods.

By the end of December 2024, the pretax margin settled at 13.80%, indicating a moderate decline compared to the peak achieved in December 2022. It is essential for the company to closely monitor and manage its expenses and revenue generation to sustain and potentially enhance its profitability levels in the future.