Chemours Co (CC)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 128,000 | 38,000 | 91,000 | -424,000 | -318,000 | -306,000 | -30,000 | 634,000 | 741,000 | 1,112,000 | 1,044,000 | 857,000 | 678,000 | 399,000 | 228,000 | 204,000 | 180,000 | -297,000 | -266,000 | -153,000 |
| Revenue (ttm) | US$ in thousands | 5,783,000 | 5,750,000 | 5,736,000 | 5,841,000 | 6,027,000 | 6,004,000 | 6,294,000 | 6,566,000 | 6,794,000 | 7,031,000 | 6,934,000 | 6,674,000 | 6,346,000 | 6,109,000 | 5,662,000 | 5,100,000 | 4,969,000 | 4,984,000 | 5,141,000 | 5,456,000 |
| Pretax margin | 2.21% | 0.66% | 1.59% | -7.26% | -5.28% | -5.10% | -0.48% | 9.66% | 10.91% | 15.82% | 15.06% | 12.84% | 10.68% | 6.53% | 4.03% | 4.00% | 3.62% | -5.96% | -5.17% | -2.80% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $128,000K ÷ $5,783,000K
= 2.21%
The pretax margin of Chemours Co has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin was negative in the initial quarters, indicating that the company's pre-tax income was insufficient to cover its expenses. However, starting from December 31, 2020, the pretax margin turned positive and demonstrated an increasing trend until June 30, 2022, reaching its peak at 15.82%. This shows an improvement in the company's ability to generate profit before accounting for taxes.
Subsequently, the pretax margin declined, becoming negative again by March 31, 2023, and continuing this trend until December 31, 2024. This reversal indicates that Chemours Co faced challenges in maintaining profitability, possibly due to changes in the business environment, operational inefficiencies, or other factors affecting its financial performance.
Overall, the fluctuating pretax margin of Chemours Co suggests a varying ability to generate profits before accounting for taxes, highlighting the importance of continuous monitoring and strategic decision-making to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024