Avient Corp (AVNT)
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 | 224,800 | 87,300 | 63,800 | 304,600 | 139,000 |
| Revenue | US$ in thousands | 3,240,400 | 3,142,800 | 3,396,900 | 4,818,800 | 3,242,100 |
| Pretax margin | 6.94% | 2.78% | 1.88% | 6.32% | 4.29% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $224,800K ÷ $3,240,400K
= 6.94%
The pretax margin of Avient Corp has shown variability in recent years. In 2020, the pretax margin was recorded at 4.29%, indicating that for every dollar of revenue generated before tax expenses, the company retained approximately 4.29 cents as profit. Subsequently, there was an improvement in 2021, with the pretax margin increasing to 6.32%, reflecting a more efficient management of operating costs and higher profitability.
However, in 2022, there was a significant decline in the pretax margin to 1.88%, suggesting possible challenges or increased expenses impacting the company's profitability before taxes. Despite this downturn, the margin recovered slightly in 2023 to 2.78%, but remained below the levels seen in 2021.
The most recent data for 2024 shows a notable improvement in the pretax margin, reaching 6.94%, which indicates a positive trend in the company's ability to generate profits before tax deductions. Overall, the pretax margin trend for Avient Corp demonstrates fluctuations over the years, with potential areas for further analysis to understand the factors influencing the company's profitability.
Peer comparison
Dec 31, 2024