AptarGroup Inc (ATR)

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 470,128 375,136 334,437 322,114 301,105
Revenue US$ in thousands 3,582,890 3,487,450 3,322,250 3,227,220 2,929,340
Pretax margin 13.12% 10.76% 10.07% 9.98% 10.28%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $470,128K ÷ $3,582,890K
= 13.12%

The pretax margin of AptarGroup Inc has shown a stable trend over the past five years, ranging from 9.98% to 13.12%. The company's pretax margin was 10.28% in December 31, 2020, and slightly decreased to 9.98% by December 31, 2021. However, AptarGroup Inc managed to improve its pretax margin to 10.07% by December 31, 2022, indicating a recovery in profitability.

Moreover, the company's pretax margin continued to strengthen over the next two years, reaching 10.76% by December 31, 2023, and a significant growth to 13.12% by December 31, 2024. This upward trend signifies an improvement in the company's operational efficiency and cost management.

Overall, AptarGroup Inc's pretax margin reflects a consistent and positive trajectory, demonstrating its ability to generate profits before accounting for taxes relative to its revenue. Investors and stakeholders can view this trend favorably as it indicates the company's profitability and potential for sustainable growth in the future.