Crown Holdings Inc (CCK)
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 | 607,000 | 672,000 | 970,000 | -617,000 | 778,000 |
| Revenue | US$ in thousands | 12,041,000 | 11,532,000 | 12,632,000 | 11,118,000 | 11,274,000 |
| Pretax margin | 5.04% | 5.83% | 7.68% | -5.55% | 6.90% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $607,000K ÷ $12,041,000K
= 5.04%
The pretax margin of Crown Holdings Inc has exhibited some fluctuations over the years based on the provided data. In 2020, the pretax margin was at 6.90%, indicating that 6.90% of the company's revenue remained as pre-tax profit after accounting for operating expenses but before deducting taxes.
However, the following year, in 2021, the pretax margin took a negative turn, standing at -5.55%, which suggests that the company incurred pre-tax losses rather than generating profits. This could be attributed to various factors such as increased expenses or a decline in revenue.
Subsequently, in 2022, the pretax margin rebounded to 7.68%, signaling an improvement in the company's profitability as compared to the previous year. This uptick indicates that Crown Holdings Inc was able to efficiently manage its costs relative to its revenue during that period.
In 2023, the pretax margin decreased slightly to 5.83%, which could indicate a potential challenge in maintaining profitability or a change in the company's cost structure.
Lastly, in 2024, the pretax margin further decreased to 5.04%, possibly indicating continued pressure on profitability. It would be essential for Crown Holdings Inc to assess its cost management strategies and revenue generation efforts to sustain or improve its pretax margin in the future.
Peer comparison
Dec 31, 2024