Ball Corporation (BALL)
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 | 535,000 | 814,000 | 884,000 | 1,008,000 | 687,000 |
| Revenue | US$ in thousands | 11,795,000 | 14,029,000 | 15,349,000 | 13,811,000 | 11,781,000 |
| Pretax margin | 4.54% | 5.80% | 5.76% | 7.30% | 5.83% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $535,000K ÷ $11,795,000K
= 4.54%
The pretax margin of Ball Corporation has shown fluctuations over the years, ranging from a low of 4.54% on December 31, 2024, to a high of 7.30% on December 31, 2021. The pretax margin indicates the company's ability to generate profits before accounting for taxes relative to its total revenue.
It is noteworthy that the pretax margin improved significantly in 2021 but dropped in the following years. This fluctuation may be attributed to various factors such as changes in sales volume, operating expenses, or tax implications. It is essential for Ball Corporation to closely monitor and analyze the drivers behind these fluctuations to maintain a healthy and sustainable profit margin in the long term.
Peer comparison
Dec 31, 2024