ODP Corp (ODP)
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 | 124,000 | 77,000 | 74,000 | 125,000 | 202,000 | 285,000 | 282,000 | 263,000 | 243,000 | 220,000 | 231,000 | 124,000 | 109,000 | 95,000 | 94,000 | -302,000 | -295,000 | -237,000 | -243,000 | 201,000 |
| Revenue (ttm) | US$ in thousands | 6,992,000 | 7,174,000 | 7,403,000 | 7,594,000 | 7,831,000 | 8,131,000 | 8,294,000 | 8,420,000 | 8,490,000 | 8,426,000 | 8,433,000 | 8,685,000 | 8,873,000 | 9,119,000 | 9,479,000 | 9,351,000 | 9,710,000 | 9,930,000 | 10,173,000 | 10,603,000 |
| Pretax margin | 1.77% | 1.07% | 1.00% | 1.65% | 2.58% | 3.51% | 3.40% | 3.12% | 2.86% | 2.61% | 2.74% | 1.43% | 1.23% | 1.04% | 0.99% | -3.23% | -3.04% | -2.39% | -2.39% | 1.90% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $124,000K ÷ $6,992,000K
= 1.77%
The pretax margin of ODP Corp has displayed fluctuations over the periods indicated. From March 31, 2020, to December 31, 2020, the pretax margin remained negative, reflecting challenges in generating pre-tax profits relative to revenue during that time. However, from March 31, 2022, to December 31, 2023, there was a steady improvement in the pretax margin, reaching a peak of 3.51% on September 30, 2023. This positive trend suggests an enhancement in the company's ability to control costs and increase profitability.
In the subsequent periods, the pretax margin experienced some decline, possibly indicating increased expenses or changes in the operating environment impacting profitability. Despite the fluctuations, the company managed to maintain positive pretax margins, indicating a certain level of financial stability and operational efficiency. It is important for ODP Corp to continue monitoring and managing its pretax margin to ensure sustained profitability and financial health.
Peer comparison
Dec 31, 2024