Crown Holdings Inc (CCK)
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 | 607,000 | 212,000 | 647,000 | 635,000 | 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 |
| Revenue (ttm) | US$ in thousands | 11,928,000 | 11,504,000 | 11,378,000 | 11,328,000 | 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 |
| Pretax margin | 5.09% | 1.84% | 5.69% | 5.61% | 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% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $607,000K ÷ $11,928,000K
= 5.09%
The pretax margin of Crown Holdings Inc has exhibited fluctuations over the time period analyzed. Starting at around 6% in March 2020, the pretax margin increased steadily, reaching a peak of 9.14% in June 2021. However, from December 2021 to June 2022, the pretax margin turned negative, indicating that the company's expenses exceeded its earnings before taxes during this period.
Subsequently, there was a significant positive recovery, with the pretax margin rebounding to 7.68% by December 2022. This positive trend continued into 2023, although at a slower rate, as the pretax margin hovered around 5-6% throughout the year. By the end of 2024, the pretax margin had declined to 5.09%, showing a slight decrease compared to the previous quarters.
Overall, the pretax margin of Crown Holdings Inc reflects fluctuations in the company's profitability over time, with periods of growth, decline, and subsequent recovery. It is essential for investors and analysts to closely monitor these trends to assess the financial health and performance of the company.
Peer comparison
Dec 31, 2024