TripAdvisor Inc (TRIP)
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 | 87,000 | 120,000 | 118,000 | 124,000 | 125,000 | 77,000 | 75,000 | 84,000 | 66,000 | 35,000 | -24,000 | -123,000 | -186,000 | -243,000 | -304,000 | -437,000 | -368,000 | -244,000 | -113,000 | 134,000 |
| Revenue (ttm) | US$ in thousands | 1,835,000 | 1,814,000 | 1,815,000 | 1,812,000 | 1,788,000 | 1,752,000 | 1,678,000 | 1,601,000 | 1,492,000 | 1,379,000 | 1,223,000 | 1,041,000 | 902,000 | 777,000 | 625,000 | 449,000 | 604,000 | 823,000 | 1,100,000 | 1,463,000 |
| Pretax margin | 4.74% | 6.62% | 6.50% | 6.84% | 6.99% | 4.39% | 4.47% | 5.25% | 4.42% | 2.54% | -1.96% | -11.82% | -20.62% | -31.27% | -48.64% | -97.33% | -60.93% | -29.65% | -10.27% | 9.16% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $87,000K ÷ $1,835,000K
= 4.74%
The pretax margin of TripAdvisor Inc has shown significant fluctuations over the analyzed periods. From March 31, 2020, to December 31, 2021, the company experienced negative pretax margins, indicating that its expenses exceeded its earnings before taxes. The margin reached its lowest point of -97.33% on March 31, 2021.
However, starting from the second quarter of 2022, there was a notable improvement in the pretax margin, turning positive by September 30, 2022. The positive trend continued, with the pretax margin gradually increasing from 2.54% on September 30, 2022, to 6.84% on March 31, 2024.
Overall, the upward trend in pretax margin from September 30, 2022, to December 31, 2024, indicates that TripAdvisor Inc successfully managed its expenses and improved its profitability before taxes during this period.
Peer comparison
Dec 31, 2024