Newell Brands Inc (NWL)

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	-260,000	-543,000	157,000	693,000	-1,006,000
Revenue	US$ in thousands	7,582,000	8,133,000	9,459,000	10,589,000	9,385,000
Pretax margin		-3.43%	-6.68%	1.66%	6.54%	-10.72%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $-260,000K ÷ $7,582,000K
= -3.43%

The pretax margin of Newell Brands Inc has shown fluctuations over the past five years, ranging from a negative value of -10.72% in December 2020 to a positive value of 6.54% in December 2021. Despite a positive trend in 2021, the margin declined to 1.66% in December 2022, followed by negative values in 2023 (-6.68%) and 2024 (-3.43%). This indicates a certain level of inconsistency and volatility in the company's ability to generate profits before accounting for taxes. Further analysis would be necessary to understand the factors driving these fluctuations in the pretax margin.

Peer comparison

Dec 31, 2024

Company name

Symbol

Pretax margin

Newell Brands Inc

NWL

-3.43%

AptarGroup Inc

ATR

13.12%

Armstrong World Industries Inc

AWI

24.06%

Berry Global Group Inc