AdvanSix Inc (ASIX)

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	45,575	50,164	10,366	1,577	69,223	123,113	145,928	187,764	225,792	212,216	257,143	229,972	185,117	183,802	124,441	80,195	55,033	20,560	31,666	38,590
Revenue (ttm)	US$ in thousands	1,517,557	1,570,703	1,495,423	1,469,884	1,533,599	1,555,453	1,711,315	1,867,111	1,945,640	1,965,642	1,933,368	1,787,314	1,684,624	1,600,832	1,436,247	1,231,587	1,157,917	1,144,295	1,173,018	1,285,211
Pretax margin		3.00%	3.19%	0.69%	0.11%	4.51%	7.91%	8.53%	10.06%	11.61%	10.80%	13.30%	12.87%	10.99%	11.48%	8.66%	6.51%	4.75%	1.80%	2.70%	3.00%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $45,575K ÷ $1,517,557K
= 3.00%

AdvanSix Inc's pretax margin has shown varied performance over the past few years. The pretax margin is a key profitability metric that indicates the company's ability to generate earnings before taxes relative to its total revenue.

From March 31, 2020, to June 30, 2020, the pretax margin decreased slightly from 3.00% to 2.70%. This was followed by a further decline to 1.80% by September 30, 2020, indicating potential challenges in maintaining profitability during that period.

However, the company's performance improved significantly in the following quarters, with the pretax margin increasing to 4.75% by December 31, 2020, and continuing to rise steadily to reach a peak of 13.30% by June 30, 2022. This period of strong performance suggests effective cost management and revenue growth strategies implemented by the company.

Subsequently, the pretax margin experienced some fluctuations, dropping to 7.91% by September 30, 2023, and further declining to 0.11% by March 31, 2024. These decreases may indicate challenges or changes in the company's operations or market conditions during those periods.

Overall, AdvanSix Inc's pretax margin has shown both positive and negative trends, indicating fluctuations in its profitability over the analyzed period. It is important for stakeholders to closely monitor these changes and understand the factors influencing the company's pretax margin to assess its financial health and performance effectively.