United Therapeutics Corporation (UTHR)

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 1,539,000 1,274,300 950,600 593,900 638,900
Revenue US$ in thousands 2,877,400 2,327,500 1,936,300 1,685,500 1,483,300
Pretax margin 53.49% 54.75% 49.09% 35.24% 43.07%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $1,539,000K ÷ $2,877,400K
= 53.49%

United Therapeutics Corporation's pretax margin has shown a positive trend over the period from December 31, 2020, to December 31, 2024, increasing from 43.07% to 53.49%. This indicates the company's ability to generate profits before accounting for taxes on its revenues has been improving steadily. The upward trend in pretax margin reflects efficient cost management, higher revenue generation, or a combination of both. This improvement signifies that the company has been able to control its operating expenses and generate higher income relative to its total revenue. Overall, the growth in pretax margin suggests stronger operational efficiency and profitability for United Therapeutics Corporation over the analyzed period.