Enpro Industries (NPO)
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 | 94,400 | 37,700 | 28,300 | 212,400 | -26,800 |
| Revenue | US$ in thousands | 1,048,700 | 1,059,300 | 1,099,200 | 1,141,800 | 1,074,000 |
| Pretax margin | 9.00% | 3.56% | 2.57% | 18.60% | -2.50% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $94,400K ÷ $1,048,700K
= 9.00%
The pretax margin of Enpro Industries has shown fluctuations over the years based on the data provided. From a negative margin of -2.50% in December 2020, the company significantly improved its performance to achieve a pretax margin of 18.60% by December 2021, indicating a strong profitability level. However, in the following years, there was a decline in the pretax margin to 2.57% in December 2022, followed by a slight increase to 3.56% in December 2023. The pretax margin saw a notable improvement to 9.00% by December 2024.
This trend suggests that Enpro Industries experienced challenges in maintaining consistent profitability, as evidenced by the fluctuating pretax margins. It is essential for the company to focus on sustainable growth strategies and cost management to ensure steady profitability in the future.