Autoliv Inc (ALV)
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 | 611,000 | 605,000 | 556,000 | 590,000 | 601,000 | 545,000 | 480,000 | 515,000 | 613,000 | 733,500 | 794,500 | 395,500 | 289,500 | 221,700 | 207,500 | 605,000 | 647,500 | 439,700 | 476,700 | 380,300 |
| Revenue (ttm) | US$ in thousands | 10,368,000 | 9,932,000 | 9,663,000 | 9,121,000 | 8,838,000 | 8,682,000 | 8,228,000 | 8,166,000 | 8,201,000 | 8,581,800 | 8,764,800 | 7,790,600 | 7,394,100 | 7,068,500 | 7,064,100 | 8,169,500 | 8,496,000 | 8,497,600 | 8,500,100 | 8,560,700 |
| Pretax margin | 5.89% | 6.09% | 5.75% | 6.47% | 6.80% | 6.28% | 5.83% | 6.31% | 7.47% | 8.55% | 9.06% | 5.08% | 3.92% | 3.14% | 2.94% | 7.41% | 7.62% | 5.17% | 5.61% | 4.44% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $611,000K ÷ $10,368,000K
= 5.89%
Autoliv Inc.'s pretax margin has exhibited some fluctuations over the past eight quarters. The trend shows a moderate level of variability, with the pretax margin ranging from a low of 5.73% in Q2 2023 to a high of 6.82% in Q4 2022. Despite some fluctuations, Autoliv Inc. has generally maintained a pretax margin within a relatively narrow range, indicating a consistent level of profitability before taxes. The company has demonstrated a strong ability to generate profits relative to its total revenue, with the margin remaining above 5.7% in all reported quarters. However, the declining trend since Q4 2022 suggests that the company may be facing some challenges in maintaining or improving its profitability levels. Further analysis would be needed to understand the specific factors contributing to these fluctuations in pretax margin over time.
Peer comparison
Dec 31, 2023