Rogers Corporation (ROG)
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 | 34,300 | 76,300 | 140,380 | 126,280 | 68,534 |
| Revenue | US$ in thousands | 830,100 | 908,400 | 971,171 | 932,886 | 802,583 |
| Pretax margin | 4.13% | 8.40% | 14.45% | 13.54% | 8.54% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $34,300K ÷ $830,100K
= 4.13%
Based on the data provided, Rogers Corporation's pretax margin has shown fluctuations over the past five years. In December 2020, the pretax margin was 8.54%, which increased to 13.54% by December 2021, indicating improved profitability. The trend continued in December 2022, with the pretax margin further increasing to 14.45%, demonstrating strong financial performance.
However, there was a significant decline in pretax margin by December 2023, dropping to 8.40%. This decrease may suggest challenges or factors affecting the company's profitability during that period. Furthermore, by December 2024, the pretax margin decreased even further to 4.13%, significantly lower compared to the previous years.
In conclusion, the trend in Rogers Corporation's pretax margin has been fluctuating, with periods of growth followed by declines. It is essential for the company to analyze the reasons behind these variations to make informed decisions and strategies to improve profitability in the future.
Peer comparison
Dec 31, 2024