Owens & Minor Inc (OMI)
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 | -357,357 | -36,708 | -33,904 | -48,060 | -54,726 | -171,149 | -140,570 | -71,146 | 10,889 | 156,231 | 187,140 | 232,993 | 276,754 | 295,550 | 298,531 | 219,358 | 109,908 | 33,434 | -20,490 | -37,171 |
| Revenue (ttm) | US$ in thousands | 10,700,880 | 10,660,960 | 10,531,580 | 10,423,800 | 10,333,970 | 10,228,930 | 10,134,590 | 10,071,380 | 9,955,480 | 9,871,520 | 9,876,300 | 9,865,740 | 9,785,320 | 9,680,010 | 9,365,760 | 8,684,020 | 8,480,180 | 8,308,980 | 8,520,070 | 9,196,550 |
| Pretax margin | -3.34% | -0.34% | -0.32% | -0.46% | -0.53% | -1.67% | -1.39% | -0.71% | 0.11% | 1.58% | 1.89% | 2.36% | 2.83% | 3.05% | 3.19% | 2.53% | 1.30% | 0.40% | -0.24% | -0.40% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-357,357K ÷ $10,700,880K
= -3.34%
Owens & Minor Inc's pretax margin, which is a profitability ratio that indicates the company's ability to generate profits before accounting for taxes on its revenue, has shown variability over the past few years.
The pretax margin was negative in the first half of 2020 but started to improve gradually in the second half of the year. From December 31, 2020, to June 30, 2021, there was a consistent upward trend in the pretax margin, reaching its peak at 3.19% in June 2021. However, this upward trend was not sustained, as the pretax margin started to decline in the subsequent quarters.
By December 31, 2022, the pretax margin had decreased significantly to 0.11% and continued to decline further into negative territory in the following quarters. By December 31, 2024, the pretax margin reached its lowest point at -3.34%.
The fluctuation in pretax margin suggests that Owens & Minor Inc experienced challenges in maintaining consistent profitability levels over the period under review. Further analysis is needed to understand the factors contributing to these fluctuations and to identify potential strategies for improving profitability in the future.
Peer comparison
Dec 31, 2024