Cabot Corporation (CBT)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 491,000 | 417,000 | 311,000 | 373,000 | -47,000 |
| Revenue | US$ in thousands | 3,994,000 | 3,931,000 | 4,321,000 | 3,409,000 | 2,614,000 |
| Pretax margin | 12.29% | 10.61% | 7.20% | 10.94% | -1.80% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $491,000K ÷ $3,994,000K
= 12.29%
The pretax margin of Cabot Corporation has shown a positive trend over the five-year period from 2020 to 2024. In 2020, the company had a negative pretax margin of -1.80%, indicating operating losses. However, there was a significant improvement in profitability in the following years, with pretax margins increasing to 10.94% in 2021, 7.20% in 2022, 10.61% in 2023, and 12.29% in 2024.
The consistent improvement in pretax margin from 2020 to 2024 reflects the company's efforts to enhance operational efficiency and increase profitability. A higher pretax margin signifies that Cabot Corporation is generating more profits before accounting for taxes relative to its revenue. This trend indicates a positive performance trajectory for the company in recent years.
Peer comparison
Sep 30, 2024