Ufp Industries Inc (UFPI)
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 | 540,155 | 671,241 | 934,816 | 726,336 | 340,983 |
| Revenue | US$ in thousands | 6,652,310 | 7,218,380 | 9,626,740 | 8,636,130 | 5,154,000 |
| Pretax margin | 8.12% | 9.30% | 9.71% | 8.41% | 6.62% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $540,155K ÷ $6,652,310K
= 8.12%
The pretax margin of Ufp Industries Inc has shown a positive trend over the past five years, increasing from 6.62% in 2020 to a peak of 9.71% in 2022 before declining slightly to 8.12% in 2024. This indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in higher levels of profitability before accounting for taxes. The improvement in pretax margin demonstrates the company's efficiency in generating profits from its core operations. However, the slight decline in 2024 suggests potential challenges or changes in the business environment that may have impacted profitability. Overall, the trend in pretax margin reflects Ufp Industries Inc's ability to optimize its operations and achieve sustained profitability over the years.