TripAdvisor Inc (TRIP)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 125,000 | 67,000 | -185,000 | -369,000 | 194,000 |
| Revenue | US$ in thousands | 1,744,000 | 1,452,000 | 858,000 | 568,000 | 1,554,000 |
| Pretax margin | 7.17% | 4.61% | -21.56% | -64.96% | 12.48% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $125,000K ÷ $1,744,000K
= 7.17%
The pretax margin of TripAdvisor Inc. has displayed fluctuations over the past five years. In 2023, the pretax margin improved to 6.99% from 4.49% in 2022, indicating better cost management and profitability. However, in 2021 and 2020, the company experienced negative pretax margins of -20.51% and -61.09% respectively, suggesting significant losses before taxes during those periods. The pretax margin was notably strong at 12.44% in 2019, indicating higher profitability compared to the following years. Overall, the company has shown varying levels of performance in generating profits before taxes over the analyzed period.
Peer comparison
Dec 31, 2023