Dana Inc (DAN)
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 | 80,000 | 178,000 | -31,000 | 244,000 | -13,000 |
Revenue | US$ in thousands | 10,284,000 | 10,555,000 | 10,156,000 | 8,945,000 | 7,106,000 |
Pretax margin | 0.78% | 1.69% | -0.31% | 2.73% | -0.18% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $80,000K ÷ $10,284,000K
= 0.78%
The pretax margin of Dana Inc has shown variability over the analyzed period. In December 2020, the company had a negative pretax margin of -0.18%, indicating that its expenses exceeded its revenues before taxes. However, there was improvement in the following years, with the pretax margin reaching 2.73% in December 2021. Despite this positive trend, there was a decline in profitability in December 2022, as the pretax margin decreased to -0.31%.
In December 2023, Dana Inc managed to increase its pretax margin to 1.69%, reflecting better cost management or revenue growth strategies. The upward trajectory was somewhat tempered in December 2024, with the pretax margin settling at 0.78%. Overall, the company has exhibited mixed performance in terms of pretax profitability, indicating the need for continued monitoring and strategic adjustments to sustain or improve its financial health.
Peer comparison
Dec 31, 2024