Newell Brands Inc (NWL)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -260,000 | -345,000 | -438,000 | -487,000 | -543,000 | -709,000 | -441,000 | -222,000 | 176,000 | 615,000 | 860,000 | 849,000 | 693,000 | 685,000 | 753,000 | 603,000 | -1,006,000 | -1,049,100 | -2,077,100 | -2,070,400 |
| Revenue (ttm) | US$ in thousands | 7,582,000 | 7,709,000 | 7,810,000 | 7,981,000 | 8,133,000 | 8,342,000 | 8,546,000 | 8,876,000 | 9,459,000 | 9,979,000 | 10,514,000 | 10,689,000 | 10,589,000 | 10,473,000 | 10,385,000 | 9,787,000 | 9,385,000 | 9,319,900 | 9,071,500 | 9,077,000 |
| Pretax margin | -3.43% | -4.48% | -5.61% | -6.10% | -6.68% | -8.50% | -5.16% | -2.50% | 1.86% | 6.16% | 8.18% | 7.94% | 6.54% | 6.54% | 7.25% | 6.16% | -10.72% | -11.26% | -22.90% | -22.81% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-260,000K ÷ $7,582,000K
= -3.43%
Newell Brands Inc's pretax margin, a key indicator of a company's operational efficiency, has shown fluctuating performance over the analyzed periods. The margin was negative in the first half of 2020, indicating that the company's expenses were higher than its revenues before considering taxes.
However, starting from March 31, 2021, the pretax margin turned positive and continued to improve until June 30, 2022. This positive trend signified that Newell Brands Inc was generating a profit before tax, and the margin increased to its peak of 8.18% by June 30, 2022.
Subsequently, the pretax margin experienced a slight decline but remained positive until March 31, 2023. However, in the following periods, the margin turned negative again, indicating that the company's expenses started surpassing its revenues before tax considerations.
Overall, the pretax margin of Newell Brands Inc has shown a mix of positive and negative performance, with the company facing challenges in maintaining profitability in some periods. Evaluation of factors contributing to these fluctuations and strategies to enhance operational efficiency may be essential for the company to improve its financial performance.
Peer comparison
Dec 31, 2024