Yelp Inc (YELP)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 182,960 | 156,683 | 150,827 | 125,398 | 105,082 | 108,154 | 76,242 | 68,930 | 66,778 | 50,135 | 55,996 | 38,129 | 33,718 | 28,371 | 16,119 | -18,196 | -35,125 | -29,740 | -26,851 | 24,091 |
| Revenue (ttm) | US$ in thousands | 1,412,064 | 1,392,488 | 1,377,266 | 1,357,376 | 1,337,062 | 1,303,789 | 1,267,558 | 1,229,316 | 1,193,506 | 1,157,803 | 1,118,067 | 1,076,371 | 1,031,839 | 991,634 | 943,286 | 855,128 | 872,933 | 908,561 | 950,228 | 1,028,153 |
| Pretax margin | 12.96% | 11.25% | 10.95% | 9.24% | 7.86% | 8.30% | 6.01% | 5.61% | 5.60% | 4.33% | 5.01% | 3.54% | 3.27% | 2.86% | 1.71% | -2.13% | -4.02% | -3.27% | -2.83% | 2.34% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $182,960K ÷ $1,412,064K
= 12.96%
Yelp Inc's pretax margin has shown varying trends over the past few years. The company experienced negative pretax margins in the earlier part of the data set, with margins ranging from -2.83% to -4.02% in 2020. However, the performance improved in the latter part of 2020 and into 2021, with margins turning positive and gradually increasing to 3.27% by the end of 2021.
The positive trend continued into 2022 and beyond, with pretax margins consistently increasing. By the end of 2024, Yelp Inc's pretax margin had reached 12.96%, indicating strong profitability and efficiency in generating profits before accounting for taxes.
Overall, the upward trend in pretax margin over the years reflects Yelp's ability to control costs, increase revenues, and improve operational efficiency. This positive trajectory suggests a healthy financial performance for the company during the period under review.
Peer comparison
Dec 31, 2024