Crane Company (CR)
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 | 338,500 | 267,000 | 575,200 | 477,200 | 224,500 |
| Revenue | US$ in thousands | 2,131,200 | 2,086,400 | 3,374,900 | 3,180,000 | 2,936,900 |
| Pretax margin | 15.88% | 12.80% | 17.04% | 15.01% | 7.64% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $338,500K ÷ $2,131,200K
= 15.88%
To analyze Crane Company's pretax margin over the years, we observe a positive trend from 2020 to 2022, with margins increasing from 7.64% to 17.04%. This indicates an improvement in the company's ability to generate profits before tax relative to its revenue during this period. However, there was a slight decline in 2023 to 12.80% before rising again to 15.88% in 2024. Overall, the company has shown a strong performance in terms of pretax margin, with some fluctuations in recent years. This trend suggests that Crane Company has been effectively managing its costs and operating efficiently, leading to improved profitability in most years.
Peer comparison
Dec 31, 2024