TripAdvisor Inc (TRIP)
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 | 87,000 | 125,000 | 67,000 | -185,000 | -369,000 |
| Revenue | US$ in thousands | 1,835,000 | 1,788,000 | 1,492,000 | 902,000 | 604,000 |
| Pretax margin | 4.74% | 6.99% | 4.49% | -20.51% | -61.09% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $87,000K ÷ $1,835,000K
= 4.74%
The pretax margin of TripAdvisor Inc has shown significant improvement over the past few years. Starting from a negative margin of -61.09% as of December 31, 2020, the company managed to reduce its losses and achieve a lower negative margin of -20.51% by December 31, 2021. In the following years, TripAdvisor Inc successfully turned its pretax margin positive, reaching 4.49% as of December 31, 2022, and further increasing to 6.99% by December 31, 2023. Despite a slight dip to 4.74% by December 31, 2024, the overall trend indicates a positive turnaround in the company's profitability, reflecting improved cost management and operational efficiency.
Peer comparison
Dec 31, 2024