Ufp Industries Inc (UFPI)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 671,096 | 709,645 | 762,086 | 836,856 | 922,503 | 932,723 | 865,590 | 825,237 | 709,612 | 611,898 | 557,252 | 415,460 | 333,879 | 298,290 | 262,522 | 244,284 | 237,920 | 227,014 | 213,167 | 198,749 |
| Revenue (ttm) | US$ in thousands | 7,218,390 | 7,607,740 | 8,102,960 | 8,959,910 | 9,626,740 | 9,729,840 | 9,500,760 | 9,300,430 | 8,636,120 | 8,013,030 | 7,405,480 | 5,946,940 | 5,154,000 | 4,758,330 | 4,435,130 | 4,432,950 | 4,416,010 | 4,406,151 | 4,455,821 | 4,510,441 |
| Pretax margin | 9.30% | 9.33% | 9.41% | 9.34% | 9.58% | 9.59% | 9.11% | 8.87% | 8.22% | 7.64% | 7.52% | 6.99% | 6.48% | 6.27% | 5.92% | 5.51% | 5.39% | 5.15% | 4.78% | 4.41% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $671,096K ÷ $7,218,390K
= 9.30%
The pretax margin of Ufp Industries Inc has shown a generally positive trend over the past few periods, indicating the company's ability to generate higher profits relative to its sales before accounting for taxes and other expenses. The pretax margin has improved from 4.41% in the first quarter of 2019 to 9.34% in the first quarter of 2023. This upward trend suggests that the company has been effectively managing its costs and operating efficiency, leading to increased profitability. However, there are fluctuations in the pretax margin over the periods, which can be influenced by various factors such as changes in revenue, cost structure, and economic conditions. Overall, Ufp Industries Inc's pretax margin reflects a positive performance in terms of its profitability.