ZoomInfo Technologies Inc (ZI)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 388,800 | 194,600 | 122,900 | 700 |
| Revenue | US$ in thousands | 1,190,000 | 1,050,400 | 695,600 | 392,000 |
| Pretax margin | 32.67% | 18.53% | 17.67% | 0.18% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $388,800K ÷ $1,190,000K
= 32.67%
ZoomInfo Technologies Inc.'s pretax margin has shown significant improvement over the past five years. The company's pretax margin increased from -16.23% in 2019 to 31.37% in 2023, indicating a strong positive trend. This improvement suggests that ZoomInfo Technologies Inc. has been able to effectively control its operating expenses and generate higher operating income relative to its revenue. The consistent increase in pretax margin indicates improved profitability and operational efficiency, which is a positive indicator of the company's financial health and management effectiveness. Overall, the upward trend in pretax margin reflects ZoomInfo Technologies Inc.'s ability to enhance its profitability and generate higher returns for its shareholders.
Peer comparison
Dec 31, 2023