Dana Inc (DAN)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 159,000 | 42,000 | 269,000 | 27,000 | 194,000 |
| Revenue | US$ in thousands | 10,387,000 | 10,032,000 | 8,787,000 | 6,968,000 | 8,478,000 |
| Pretax margin | 1.53% | 0.42% | 3.06% | 0.39% | 2.29% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $159,000K ÷ $10,387,000K
= 1.53%
The pretax margin of Dana Inc has varied over the past five years. In 2023, the pretax margin improved to 1.60%, indicating that the company was able to generate higher profits before taxes compared to the previous year. However, the pretax margin was negative in 2022 at -0.27%, signifying that the company incurred losses before taxes that year. The pretax margin peaked in 2021 at 3.04%, demonstrating strong profitability before tax expenses. In 2020 and 2019, the pretax margins were 0.10% and 2.33% respectively, showing fluctuations in profitability over those years. Overall, although there have been fluctuations, Dana Inc has shown the ability to generate profits before tax, with varying degrees of success in different years.
Peer comparison
Dec 31, 2023