Valmont Industries Inc (VMI)
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 | 238,775 | 260,420 | 393,922 | 378,306 | 359,550 | 333,010 | 300,805 | 271,960 | 257,044 | 400,932 | 384,628 | 342,987 | 329,886 | 305,817 | 307,598 | 327,187 | 318,555 | 304,396 | 264,728 | 257,295 |
| Revenue (ttm) | US$ in thousands | 4,130,740 | 4,249,490 | 4,298,420 | 4,391,190 | 4,298,263 | 4,131,296 | 3,903,297 | 3,663,340 | 3,458,614 | 3,305,148 | 3,170,913 | 2,965,430 | 2,864,736 | 2,749,985 | 2,706,833 | 2,718,877 | 2,737,232 | 2,750,969 | 2,738,343 | 2,712,119 |
| Pretax margin | 5.78% | 6.13% | 9.16% | 8.62% | 8.37% | 8.06% | 7.71% | 7.42% | 7.43% | 12.13% | 12.13% | 11.57% | 11.52% | 11.12% | 11.36% | 12.03% | 11.64% | 11.07% | 9.67% | 9.49% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $238,775K ÷ $4,130,740K
= 5.78%
Valmont Industries Inc's pretax margin has shown some fluctuations over the past few quarters. The pretax margin represents the profitability of the company before accounting for taxes, and higher values indicate better efficiency in generating profits.
The pretax margin for Valmont Industries Inc ranged from 5.78% to 12.13% over the data period. The company's pretax margin was highest in the quarter ending September 30, 2021, and June 30, 2021, both at 12.13%. This suggests that during these periods, the company was able to generate strong profits relative to its revenues before considering tax implications.
On the other hand, the lowest pretax margin was observed on December 31, 2019, at 9.49%. This indicates relatively lower profitability efficiency during that period.
Overall, while the company has experienced fluctuations in its pretax margin, it is important to further analyze the reasons behind these variations, such as changes in revenue, expenses, or operational efficiency, to better understand the financial performance of Valmont Industries Inc.
Peer comparison
Dec 31, 2023