Masco Corporation (MAS)
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 | 1,109,000 | 1,186,000 | 1,132,000 | 620,000 | 1,493,000 |
| Revenue | US$ in thousands | 7,748,000 | 7,861,000 | 8,568,000 | 7,915,000 | 7,636,000 |
| Pretax margin | 14.31% | 15.09% | 13.21% | 7.83% | 19.55% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,109,000K ÷ $7,748,000K
= 14.31%
Masco Corporation's pretax margin has shown varying levels of profitability over the years. In 2020, the company's pretax margin was at a healthy 19.55%, indicating strong profitability before accounting for taxes. However, there was a significant decline in 2021, with the pretax margin dropping to 7.83%. This could suggest challenges or increased expenses affecting the company's profitability during that year.
In the following years, Masco Corporation managed to improve its pretax margin, reaching 13.21% in 2022, 15.09% in 2023, and 14.31% in 2024. These improvements demonstrate the company's ability to enhance operational efficiency and generate higher profits relative to its pre-tax earnings.
Overall, Masco Corporation has shown resilience in maintaining a solid pretax margin, showcasing its capacity to navigate challenges and optimize profitability over the years. The fluctuations in pretax margins highlight the importance of closely monitoring financial performance metrics to assess the company's operational efficiency and profitability trends.
Peer comparison
Dec 31, 2024