Chart Industries Inc (GTLS)
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 | 318,500 | 58,000 | 98,900 | 74,100 | 101,200 |
| Revenue | US$ in thousands | 4,160,300 | 3,352,500 | 1,612,400 | 1,317,700 | 1,177,100 |
| Pretax margin | 7.66% | 1.73% | 6.13% | 5.62% | 8.60% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $318,500K ÷ $4,160,300K
= 7.66%
Chart Industries Inc's pretax margin has fluctuated over the past five years, ranging from 1.73% to 8.60%. In 2020, the pretax margin was at its peak at 8.60%, indicating that the company was able to generate a higher level of profit before taxes relative to its revenue. However, by the end of 2023, the pretax margin had decreased significantly to 1.73%, suggesting a decline in the company's profitability efficiency.
It is worth noting that there was a slight improvement in the pretax margin in 2024, reaching 7.66%. This indicates some recovery in profitability levels compared to the preceding year. Overall, the trend in pretax margin shows some volatility, highlighting the importance of closely monitoring the company's cost management and revenue generation strategies to ensure sustained profitability in the future.