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.