Dow Inc (DOW)
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 | 1,515,000 | 585,000 | 6,032,000 | 8,051,000 | 2,002,000 |
| Revenue | US$ in thousands | 42,964,000 | 44,622,000 | 56,902,000 | 54,968,000 | 38,542,000 |
| Pretax margin | 3.53% | 1.31% | 10.60% | 14.65% | 5.19% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,515,000K ÷ $42,964,000K
= 3.53%
Based on the data provided, the pretax margin of Dow Inc has shown fluctuations over the years. In December 31, 2020, the pretax margin was 5.19%, which then significantly improved to 14.65% by December 31, 2021. However, there was a slight decrease in the pretax margin to 10.60% by December 31, 2022.
In December 31, 2023, there was a notable decline in the pretax margin to 1.31%, indicating a significant decrease in profitability before tax. The following year, by December 31, 2024, there was a modest recovery in the pretax margin to 3.53%.
Overall, the pretax margin of Dow Inc has experienced variability, with the company achieving a high pretax margin in 2021 but facing challenges in maintaining profitability in the subsequent years. It is essential for Dow Inc to focus on sustaining and improving its pretax margin to ensure long-term financial health and stability.
Peer comparison
Dec 31, 2024