Owens & Minor Inc (OMI)
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 | -357,357 | -54,726 | 10,891 | 276,754 | 109,908 |
| Revenue | US$ in thousands | 10,700,900 | 10,334,000 | 9,955,480 | 9,785,320 | 8,480,180 |
| Pretax margin | -3.34% | -0.53% | 0.11% | 2.83% | 1.30% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-357,357K ÷ $10,700,900K
= -3.34%
Owens & Minor Inc's pretax margin has shown fluctuating trends over the last five years. In December 31, 2020, the pretax margin was at 1.30%, showing some profitability. Subsequently, in December 31, 2021, the pretax margin improved significantly to 2.83%, indicating an increase in profitability. However, in December 31, 2022, the pretax margin declined sharply to 0.11%, signaling a decrease in profitability.
In December 31, 2023, the pretax margin turned negative at -0.53%, indicating a loss before tax. The situation worsened in December 31, 2024, with a significant decrease in the pretax margin to -3.34%, highlighting a further deterioration in the company's profitability. Overall, the downward trend in the pretax margin over the past few years raises concerns about the company's financial performance and efficiency in managing its costs.
Peer comparison
Dec 31, 2024