Lantheus Holdings Inc (LNTH)

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	430,977	410,943	26,719	-75,038	-11,479
Revenue	US$ in thousands	1,533,910	1,296,430	935,061	425,208	339,410
Pretax margin		28.10%	31.70%	2.86%	-17.65%	-3.38%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $430,977K ÷ $1,533,910K
= 28.10%

Lantheus Holdings Inc's pretax margin has shown significant fluctuations over the past five years. In December 2020, the pretax margin was negative at -3.38%, indicating that the company's expenses exceeded its revenue before taxes. This trend worsened in December 2021 with a pretax margin of -17.65%, suggesting a decline in profitability.

However, the company experienced a turnaround in December 2022, achieving a positive pretax margin of 2.86%, indicating an improvement in cost management or revenue enhancement strategies. The positive momentum continued into December 2023 with a pretax margin of 31.70%, showing a substantial increase in profitability.

In December 2024, Lantheus Holdings Inc maintained a strong pretax margin of 28.10%, demonstrating continued efficiency in operations and profitability. Overall, the company has managed to significantly enhance its pretax margin over the years, showcasing improved financial performance and potential growth prospects. It will be essential for the company to sustain this positive momentum and continue implementing effective financial management strategies.