Crown Holdings Inc (CCK)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 672,000 | 695,000 | 656,000 | 820,000 | 970,000 | -487,000 | -493,000 | -599,000 | -617,000 | 933,000 | 1,041,000 | 932,000 | 782,000 | 699,000 | 652,000 | 712,000 | 737,000 | 686,000 | 641,000 | 603,000 |
| Revenue (ttm) | US$ in thousands | 11,532,000 | 11,716,000 | 11,928,000 | 12,382,000 | 12,632,000 | 12,492,000 | 12,255,000 | 11,672,000 | 11,632,000 | 11,816,000 | 11,385,000 | 10,666,000 | 10,345,000 | 10,174,000 | 10,769,000 | 11,667,000 | 11,665,000 | 11,608,000 | 11,698,000 | 11,709,000 |
| Pretax margin | 5.83% | 5.93% | 5.50% | 6.62% | 7.68% | -3.90% | -4.02% | -5.13% | -5.30% | 7.90% | 9.14% | 8.74% | 7.56% | 6.87% | 6.05% | 6.10% | 6.32% | 5.91% | 5.48% | 5.15% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $672,000K ÷ $11,532,000K
= 5.83%
The pretax margin of Crown Holdings, Inc. has shown fluctuation over the past eight quarters, ranging from -3.59% to 8.48%. In the most recent quarter, Q4 2023, the pretax margin was 6.74%, which is slightly higher compared to the previous quarter's 6.73%. However, it is lower than the margins recorded in Q1 2023 and Q4 2022, which were 7.35% and 8.48%, respectively. The company experienced negative pretax margins in Q2 and Q3 of 2022, indicating a period of financial difficulty. Overall, Crown Holdings, Inc. has shown varying levels of profitability before tax over the past eight quarters, with room for improvement in maintaining consistent and possibly higher margins in the future.
Peer comparison
Dec 31, 2023