Verizon Communications Inc (VZ)
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 | 22,536,000 | 16,506,000 | 27,779,000 | 28,867,000 | 23,420,000 |
| Revenue | US$ in thousands | 134,788,000 | 133,974,000 | 136,835,000 | 133,613,000 | 128,292,000 |
| Pretax margin | 16.72% | 12.32% | 20.30% | 21.60% | 18.26% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $22,536,000K ÷ $134,788,000K
= 16.72%
Verizon Communications Inc's pretax margin has shown fluctuations over the past five years. The pretax margin increased from 18.26% in 2020 to 21.60% in 2021, indicating improved profitability before considering taxes. However, in 2022, the pretax margin slightly decreased to 20.30%. Subsequently, there was a significant drop in the pretax margin to 12.32% in 2023, indicating potential challenges in generating profits before tax. The margin then recovered to 16.72% in 2024.
Overall, while the pretax margin of Verizon Communications Inc has shown some variability, it is important for stakeholders to monitor the trend closely to understand the company's ability to generate earnings before accounting for tax expenses.
Peer comparison
Dec 31, 2024