Olin Corporation (OLN)

Pretax margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	559,300	743,200	984,400	1,347,200	1,676,000	1,823,200	1,959,600	1,756,200	1,538,700	1,147,100	-110,600	-608,000	-1,020,000	-1,128,300	-331,100	-195,900	-36,900	146,100	363,700	462,900
Revenue (ttm)	US$ in thousands	6,694,800	7,037,300	7,697,800	8,622,000	9,248,600	9,480,800	9,472,500	9,030,900	8,436,700	7,905,800	6,991,400	6,022,700	5,550,200	5,283,200	5,432,700	5,796,000	5,940,900	6,188,800	8,361,600	10,222,500
Pretax margin		8.35%	10.56%	12.79%	15.63%	18.12%	19.23%	20.69%	19.45%	18.24%	14.51%	-1.58%	-10.10%	-18.38%	-21.36%	-6.09%	-3.38%	-0.62%	2.36%	4.35%	4.53%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $559,300K ÷ $6,694,800K
= 8.35%

The pretax margin of Olin Corp. has shown a decreasing trend over the past eight quarters, declining from 18.58% in Q1 2022 to 8.19% in Q4 2023. This indicates a reduction in the company's ability to generate profits before accounting for taxes relative to its total revenue. The downward trend suggests potential challenges in controlling costs or increasing revenue, which could impact the overall profitability of the company. Further analysis of the company's operational efficiency and cost management strategies may be warranted to address the declining pretax margin trend.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Olin Corporation

OLN

8.35%