Avery Dennison Corp (AVY)
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 | 953,500 | 694,700 | 999,300 | 992,600 | 737,300 |
| Revenue | US$ in thousands | 8,755,700 | 8,364,300 | 9,039,300 | 8,408,300 | 6,971,500 |
| Pretax margin | 10.89% | 8.31% | 11.06% | 11.81% | 10.58% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $953,500K ÷ $8,755,700K
= 10.89%
Avery Dennison Corp's pretax margin has experienced fluctuations over the years, ranging from a low of 8.31% in December 2023 to a high of 11.81% in December 2021. The company's pretax margin stood at 10.58% in December 2020, 11.06% in December 2022, and 10.89% in December 2024.
The pretax margin is a key measure of a company's profitability, indicating the percentage of revenue that remains as profit before taxes. Avery Dennison Corp's pretax margin performance suggests some variability in its ability to effectively manage costs and generate profits over the years. It is important for the company to closely monitor and analyze the factors impacting these fluctuations to ensure sustained profitability and operational efficiency.
Peer comparison
Dec 31, 2024