Knowles Cor (KN)
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 | -226,500 | 45,000 | -418,200 | 104,800 | 15,000 |
| Revenue | US$ in thousands | 553,500 | 456,800 | 764,700 | 868,100 | 764,300 |
| Pretax margin | -40.92% | 9.85% | -54.69% | 12.07% | 1.96% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-226,500K ÷ $553,500K
= -40.92%
The pretax margin of Knowles Cor has fluctuated over the past five years, ranging from positive to negative values.
In December 31, 2020, the pretax margin was relatively low at 1.96%, indicating that the company's profitability before taxes was modest.
By December 31, 2021, there was a significant improvement in the pretax margin, reaching 12.07%, suggesting that the company was able to increase its profitability substantially within a year.
However, there was a sharp decline in the pretax margin by December 31, 2022, plunging to -54.69%, which may indicate significant financial challenges or exceptional expenses impacting the profitability negatively.
The pretax margin rebounded by December 31, 2023, reaching 9.85%, showcasing a partial recovery in profitability compared to the previous year.
Yet, by December 31, 2024, the pretax margin dropped again to -40.92%, signaling a return to significant financial difficulties or operational challenges affecting the company's profitability adversely.
Overall, the pretax margin of Knowles Cor has shown volatility and inconsistency over the five-year period, reflecting the company's varying ability to generate profits before accounting for taxes. Further analysis of the underlying causes of these fluctuations would be necessary to understand the company's financial performance more comprehensively.
Peer comparison
Dec 31, 2024