BorgWarner Inc (BWA)
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 | 449,000 | 914,000 | 1,236,000 | 687,000 | 897,000 |
| Revenue | US$ in thousands | 14,086,000 | 14,198,000 | 12,635,000 | 14,838,000 | 10,165,000 |
| Pretax margin | 3.19% | 6.44% | 9.78% | 4.63% | 8.82% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $449,000K ÷ $14,086,000K
= 3.19%
BorgWarner Inc's pretax margin has shown fluctuations over the past five years, based on the provided data. The pretax margin was 8.82% as of December 31, 2020, which declined to 4.63% by December 31, 2021. However, there was a notable improvement in the pretax margin to 9.78% by December 31, 2022. Subsequently, the margin decreased to 6.44% by December 31, 2023, and further dropped to 3.19% by December 31, 2024.
These fluctuations indicate varying levels of profitability before considering taxes and reflect changes in the company's ability to generate earnings relative to its pre-tax costs. It would be advisable for stakeholders to further investigate the factors contributing to these fluctuations to assess the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024