Allegheny Technologies Incorporated (ATI)

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 486,100 295,200 162,000 10,600 -1,481,900
Revenue US$ in thousands 4,362,100 7,544,800 3,836,000 2,799,800 2,982,100
Pretax margin 11.14% 3.91% 4.22% 0.38% -49.69%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $486,100K ÷ $4,362,100K
= 11.14%

The pretax margin of Allegheny Technologies Incorporated has shown significant improvement over the period from December 31, 2020, to December 31, 2024. Starting at a negative margin of -49.69% in 2020, the company managed to turn its operations around and achieve a positive pretax margin of 0.38% in 2021. This positive trend continued as the pretax margin further increased to 4.22% in 2022 and 3.91% in 2023. The most notable improvement occurred in 2024, where the pretax margin reached 11.14%, indicating a strong performance in generating profits before considering taxes. This positive trend in pretax margin suggests that Allegheny Technologies Incorporated has been effectively managing its costs and operating efficiently, resulting in improved profitability over the years.