Curtiss-Wright Corporation (CW)
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 | 522,056 | 463,070 | 389,195 | 354,510 | 263,051 |
| Revenue | US$ in thousands | 3,121,200 | 2,796,860 | 2,510,060 | 2,464,460 | 2,391,340 |
| Pretax margin | 16.73% | 16.56% | 15.51% | 14.38% | 11.00% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $522,056K ÷ $3,121,200K
= 16.73%
The pretax margin of Curtiss-Wright Corporation has shown a consistent upward trend over the five-year period from December 31, 2020, to December 31, 2024. Starting at 11.00% in 2020, the pretax margin has steadily increased to 16.73% by the end of 2024. This indicates an improving ability of the company to generate operating income relative to its total revenue before accounting for taxes.
Such an increase in pretax margin signifies efficiency in cost management, revenue growth, or a combination of both. It suggests that Curtiss-Wright Corporation has been successful in controlling its operating expenses or increasing its revenue streams without a proportionate rise in pre-tax costs.
This sustained improvement in pretax margin reflects positively on the company's profitability and operational effectiveness over the years, indicating sound financial management and potentially leading to increased shareholder value.
Peer comparison
Dec 31, 2024