Perrigo Company PLC (PRGO)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -8,300 | -139,100 | 258,700 | -149,400 | 171,000 |
| Revenue | US$ in thousands | 4,655,600 | 4,451,600 | 4,138,700 | 5,063,300 | 4,837,400 |
| Pretax margin | -0.18% | -3.12% | 6.25% | -2.95% | 3.53% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-8,300K ÷ $4,655,600K
= -0.18%
Perrigo Company plc's pretax margin has fluctuated over the past five years, indicating varying levels of profitability before taxes.
In 2023, the pretax margin was -0.18%, showing a slight improvement compared to the previous year but still operating at a low level of profitability. In 2022, the pretax margin was significantly negative at -3.12%, indicating that the company faced challenges in generating profits before tax.
The highest pretax margin during the period was observed in 2021 at 6.25%, reflecting a strong profitability performance. However, this was followed by a decline in 2020 where the pretax margin was -2.95%, indicating a decrease in profitability.
Finally, in 2019, the pretax margin stood at 3.53%, showing a moderate level of profitability for the company that year. Overall, the pretax margin trend for Perrigo Company plc has been volatile, highlighting the company's varying ability to generate profits before taxes over the past five years.
Peer comparison
Dec 31, 2023