CF Industries Holdings Inc (CF)
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 | 1,762,000 | 2,248,000 | 5,095,000 | 1,543,000 | 463,000 |
Revenue | US$ in thousands | 5,936,000 | 6,631,000 | 11,186,000 | 6,538,000 | 4,124,000 |
Pretax margin | 29.68% | 33.90% | 45.55% | 23.60% | 11.23% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,762,000K ÷ $5,936,000K
= 29.68%
CF Industries Holdings Inc has demonstrated a positive trend in its pretax margin over the years. The pretax margin has increased from 11.23% as of December 31, 2020, to 29.68% as of December 31, 2024. This indicates improving profitability before accounting for taxes and reflects the company's ability to effectively manage its expenses and generate higher levels of income relative to its revenue. The significant growth in pretax margin from 2020 to 2024, peaking at 45.55% in 2022, suggests that CF Industries Holdings Inc has been successful in optimizing its operational efficiency and cost structure. It is advisable for investors and stakeholders to monitor future financial reports to assess the company's ability to sustain this positive trend in profitability.
Peer comparison
Dec 31, 2024