AdvanSix Inc (ASIX)
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 | 45,575 | 69,223 | 225,791 | 185,116 | 55,033 |
| Revenue | US$ in thousands | 1,517,560 | 1,533,600 | 1,945,640 | 1,684,620 | 1,157,920 |
| Pretax margin | 3.00% | 4.51% | 11.60% | 10.99% | 4.75% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $45,575K ÷ $1,517,560K
= 3.00%
The pretax margin of AdvanSix Inc has shown some fluctuations over the past five years. It stood at 4.75% on December 31, 2020, showing a moderate level of profitability. Subsequently, there was a notable improvement as the pretax margin increased to 10.99% by December 31, 2021, indicating enhanced operational efficiency and cost management.
This positive trend continued into the following year, with a further increase in pretax margin to 11.60%, reflecting continued strong financial performance. However, by December 31, 2023, there was a decline in pretax margin to 4.51%, which could be attributed to various factors such as increased operating expenses or a decrease in revenue.
The most recent data point, on December 31, 2024, shows a pretax margin of 3.00%, indicating a significant decrease in profitability compared to previous years. This decline may raise concerns about the company's ability to maintain profitability levels amidst changing market conditions or internal challenges.
Overall, AdvanSix Inc's pretax margin has demonstrated fluctuations over the period analyzed, showcasing both strengths and areas for potential improvement in managing costs and enhancing operational efficiency.
Peer comparison
Dec 31, 2024