Mativ Holdings Inc. (MATV)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -282,700 | -19,200 | 79,500 | 102,200 | 101,000 |
| Revenue | US$ in thousands | 1,959,100 | 2,091,700 | 1,421,900 | 1,043,000 | 985,300 |
| Pretax margin | -14.43% | -0.92% | 5.59% | 9.80% | 10.25% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-282,700K ÷ $1,959,100K
= -14.43%
The pretax margin of Mativ Holdings Inc has shown a declining trend over the past five years, with the highest value of 9.87% in 2019 and the lowest of -23.74% in 2023. This indicates that the company's ability to generate profits before accounting for taxes has weakened significantly in the most recent year. The negative pretax margin in 2023 may raise concerns about the company's operational efficiency and profitability, suggesting potential challenges in managing costs or generating sufficient revenue. Further analysis of the company's financial performance and strategic initiatives may be necessary to understand the factors contributing to this decline and to assess the company's overall financial health.
Peer comparison
Dec 31, 2023