Materion Corporation (MTRN)
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 | 14,902 | 107,831 | 103,100 | 77,325 | 8,275 |
| Revenue | US$ in thousands | 1,648,800 | 1,633,630 | 1,735,870 | 1,504,450 | 1,174,500 |
| Pretax margin | 0.90% | 6.60% | 5.94% | 5.14% | 0.70% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $14,902K ÷ $1,648,800K
= 0.90%
Materion Corporation's pretax margin has shown variability in recent years. In December 31, 2020, the pretax margin was relatively low at 0.70%, indicating that a small portion of the company's revenue was translating into pre-tax profits. However, there was a significant improvement in performance by December 31, 2023, with the pretax margin reaching 6.60%. This suggests that Materion Corporation became more efficient in managing its expenses or increasing its revenue during that period.
It is noteworthy that there was a slight decline in pretax margin by December 31, 2024, dropping to 0.90%. This decrease may raise concerns about the company's ability to sustain its profitability levels. Further investigation into the factors influencing this decline would be necessary to assess the company's financial health and performance accurately.
Overall, Materion Corporation has shown variability in its pretax margin over the years. Investors and stakeholders may want to closely monitor the company's financial performance and management strategies to understand the underlying reasons for these fluctuations and assess the company's future prospects.