Artivion Inc (AORT)
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 | -7,514 | -21,586 | -14,984 | -14,827 | -17,174 |
| Revenue | US$ in thousands | 388,537 | 354,004 | 313,789 | 298,836 | 253,227 |
| Pretax margin | -1.93% | -6.10% | -4.78% | -4.96% | -6.78% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-7,514K ÷ $388,537K
= -1.93%
Based on the provided data, Artivion Inc's pretax margin has shown fluctuations over the years. In December 2020, the pretax margin was -6.78%, indicating that the company incurred a loss before accounting for taxes. However, there was a slight improvement in the pretax margin in the following years, with percentages of -4.96%, -4.78%, and -6.10% in December 2021, 2022, and 2023, respectively.
The most notable change occurred in December 2024, where Artivion Inc's pretax margin improved significantly to -1.93%, suggesting that the company may have made some operational adjustments to enhance profitability before taxes. Overall, the trend indicates that while the company has been operating at a loss in recent years, there are signs of improvement in its pretax margin, which may be indicative of management efforts to enhance efficiency and profitability.
Peer comparison
Dec 31, 2024