Werner Enterprises Inc (WERN)
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 | 42,482 | 147,781 | 324,786 | 346,015 | 224,694 |
| Revenue | US$ in thousands | 3,030,260 | 3,283,500 | 3,289,980 | 2,734,370 | 2,372,180 |
| Pretax margin | 1.40% | 4.50% | 9.87% | 12.65% | 9.47% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $42,482K ÷ $3,030,260K
= 1.40%
The pretax margin of Werner Enterprises Inc has displayed varying trends over the past five years. In 2020, the pretax margin stood at 9.47%, showing a moderate level of profitability before accounting for taxes. The margin improved notably in 2021, reaching 12.65%, indicating enhanced operational efficiency and profitability. However, in 2022, the pretax margin slightly decreased to 9.87%, though it remained relatively healthy.
A significant decline was observed in 2023, where the pretax margin dropped to 4.50%, suggesting potential challenges or inefficiencies impacting the company's earnings before taxes. Furthermore, the margin sharply decreased to 1.40% in 2024, signaling a substantial decline in profitability and potential concerns regarding cost management or revenue generation.
In summary, although the pretax margin of Werner Enterprises Inc has fluctuated in recent years, it is crucial for the company to closely monitor and address the factors influencing its profitability to ensure sustainable financial health.
Peer comparison
Dec 31, 2024