Valmont Industries Inc (VMI)

Pretax margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before tax but after interest (EBT)	US$ in thousands	240,970	363,888	257,044	190,308	201,522
Revenue	US$ in thousands	4,116,820	4,345,250	3,459,920	2,854,220	2,732,240
Pretax margin		5.85%	8.37%	7.43%	6.67%	7.38%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $240,970K ÷ $4,116,820K
= 5.85%

Valmont Industries Inc's pretax margin has exhibited some variability over the past five years, ranging from a low of 5.85% in 2023 to a high of 8.37% in 2022. The pretax margin represents the percentage of each dollar in revenue that translates into pretax profit. The downward trend from 2022 to 2023 may indicate challenges in controlling costs or maintaining profitability. It is important for the company to analyze the factors contributing to this decline in order to make informed decisions and implement strategies to improve profitability in the future.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Valmont Industries Inc

VMI

5.85%