Envista Holdings Corp (NVST)
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 | -1,084,700 | -54,900 | 289,000 | 331,500 | -29,200 |
| Revenue | US$ in thousands | 2,507,800 | 2,566,500 | 2,569,100 | 2,508,900 | 1,929,100 |
| Pretax margin | -43.25% | -2.14% | 11.25% | 13.21% | -1.51% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-1,084,700K ÷ $2,507,800K
= -43.25%
The pretax margin of Envista Holdings Corp has experienced fluctuations over the past five years.
As of December 31, 2020, the pretax margin was -1.51%, indicating that the company incurred a pre-tax loss relative to its revenue. Subsequently, by December 31, 2021, the pretax margin improved significantly to 13.21%, reflecting better cost management or increased revenue generation.
In the following year, by December 31, 2022, the pretax margin slightly decreased to 11.25%, but still remained positive, demonstrating continued profitability. However, by December 31, 2023, the pretax margin deteriorated to -2.14%, indicating a return to pre-tax losses.
The most significant decline was observed by December 31, 2024, with a pretax margin of -43.25%, suggesting a substantial deterioration in profitability and potentially significant challenges in controlling costs or generating revenue.
Overall, the pretax margin trend of Envista Holdings Corp has been volatile, with periods of profitability followed by significant losses. It would be crucial for the company to assess its cost structures and revenue streams to improve its financial performance and sustainability in the future.
Peer comparison
Dec 31, 2024