Knowles Cor (KN)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -209,500 | -221,100 | -203,100 | 54,800 | 45,000 | -173,700 | -208,800 | -443,300 | -418,200 | -171,400 | -125,500 | 110,600 | 104,800 | 98,900 | 74,500 | 37,100 | 15,000 | 8,700 | 31,200 | 58,900 |
| Revenue (ttm) | US$ in thousands | 686,100 | 758,800 | 724,400 | 692,700 | 640,600 | 622,500 | 692,600 | 707,600 | 764,700 | 801,900 | 856,700 | 868,500 | 868,100 | 877,000 | 849,800 | 802,200 | 764,300 | 755,000 | 785,100 | 838,100 |
| Pretax margin | -30.53% | -29.14% | -28.04% | 7.91% | 7.02% | -27.90% | -30.15% | -62.65% | -54.69% | -21.37% | -14.65% | 12.73% | 12.07% | 11.28% | 8.77% | 4.62% | 1.96% | 1.15% | 3.97% | 7.03% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-209,500K ÷ $686,100K
= -30.53%
Knowles Cor's pretax margin has shown significant fluctuations over the past few years. The trend indicates that the company's profitability before taxes has been volatile, with periods of both positive and negative margins. From March 31, 2020, to June 30, 2022, there was a general upward trend in pretax margin, reaching a peak of 12.73% in March 31, 2022.
However, starting from June 30, 2022, the pretax margin experienced a sharp decline, falling into negative territory in the following quarters. This negative trend continued until December 31, 2024, with the pretax margin hitting its lowest point of -30.53%.
The negative pretax margins from June 30, 2022, to December 31, 2024, raise concerns about the company's ability to generate profits before taxes and manage its expenses effectively during that period. It indicates potential challenges or issues impacting the company's financial performance.
Overall, the analysis of Knowles Cor's pretax margin underscores the importance of monitoring profitability metrics closely to assess the company's financial health and performance over time.
Peer comparison
Dec 31, 2024