Metallus, Inc (MTUS)
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 | 4,600 | 96,400 | 97,100 | 176,700 | -60,700 |
| Revenue | US$ in thousands | 1,084,000 | 1,362,400 | 1,304,400 | 1,252,000 | 830,700 |
| Pretax margin | 0.42% | 7.08% | 7.44% | 14.11% | -7.31% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $4,600K ÷ $1,084,000K
= 0.42%
Metallus, Inc's pretax margin has shown fluctuations over the past five years. In 2020, the pretax margin was at a negative 7.31%, indicating that the company incurred pre-tax losses relative to its revenue.
However, by 2021, there was a significant improvement as the pretax margin surged to 14.11%, reflecting a strong profitability before considering taxes. The company managed to maintain a positive trend in 2022, with a pretax margin of 7.44%, although slightly lower than the previous year.
In 2023 and 2024, there was a slight dip in the pretax margin to 7.08% and 0.42% respectively. The decreasing trend in 2024 could indicate potential challenges in maintaining profitability, as the pretax margin diminished significantly.
Overall, Metallus, Inc's pretax margin has shown a mix of positive and negative performances over the years, suggesting fluctuations in the company's ability to generate profits before taxes. Monitoring and analyzing the factors influencing these fluctuations will be crucial for the company's financial health and sustainability in the future.
Peer comparison
Dec 31, 2024