ESAB Corp (ESAB)
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 | 370,405 | 319,092 | 300,251 | 319,088 | 205,839 |
| Revenue | US$ in thousands | 2,740,800 | 2,774,770 | 2,593,480 | 2,428,120 | 1,950,070 |
| Pretax margin | 13.51% | 11.50% | 11.58% | 13.14% | 10.56% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $370,405K ÷ $2,740,800K
= 13.51%
The pretax margin of ESAB Corp has shown variability over the years, ranging from 10.56% in 2020 to a peak of 13.51% in 2024. The trend indicates some degree of fluctuation in the company's ability to generate profits before taxes relative to its total revenue. Despite some fluctuations, there seems to be an overall improvement in the pretax margin from 2020 to 2024, suggesting potential enhancements in the company's cost management, revenue generation, or overall efficiency. However, the slight decline from 2021 to 2022 and 2023 may raise questions about the company's ability to sustain or further improve its profitability levels in the future. Further analysis of the company's financial strategies and operating performance may provide insights into the factors driving these fluctuations in the pretax margin.
Peer comparison
Dec 31, 2024