ESAB Corp (ESAB)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 370,405 | 351,418 | 342,941 | 329,346 | 319,092 | 307,598 | 299,083 | 287,234 | 300,251 | 308,237 | 314,981 | 330,732 | 319,088 |
| Revenue (ttm) | US$ in thousands | 2,740,803 | 2,759,395 | 2,767,141 | 2,780,510 | 2,774,766 | 2,749,545 | 2,688,814 | 2,629,569 | 2,593,480 | 2,553,568 | 2,539,271 | 2,507,898 | 2,428,115 |
| Pretax margin | 13.51% | 12.74% | 12.39% | 11.84% | 11.50% | 11.19% | 11.12% | 10.92% | 11.58% | 12.07% | 12.40% | 13.19% | 13.14% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $370,405K ÷ $2,740,803K
= 13.51%
Over the period from December 31, 2021, to December 31, 2024, ESAB Corp's pretax margin exhibited some fluctuations. The pretax margin started at 13.14% in December 2021, increased slightly to 13.19% in March 2022, but then decreased to 12.40% by June 2022. However, it experienced a further decline in the following quarters, reaching its lowest point at 10.92% in March 2023.
Subsequently, the pretax margin began to recover, showing an upward trend. By December 31, 2024, the pretax margin had improved to 13.51%. This improvement indicates that ESAB Corp managed to enhance its profitability before taxes over the period analyzed, although there were fluctuations along the way. The gradual increase in the pretax margin demonstrates the company's ability to control its costs and improve its operational efficiency, ultimately leading to better profitability ratios.
Peer comparison
Dec 31, 2024