Revvity Inc. (RVTY)
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 | 303,440 | 696,567 | 708,340 | 1,257,300 | 897,399 |
Revenue | US$ in thousands | 2,756,080 | 2,750,570 | 3,311,820 | 3,827,810 | 3,782,740 |
Pretax margin | 11.01% | 25.32% | 21.39% | 32.85% | 23.72% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $303,440K ÷ $2,756,080K
= 11.01%
Based on the data provided, the pretax margin of Revvity Inc. has fluctuated over the years. In December 31, 2020, the pretax margin was at 23.72%, indicating that the company was generating $0.2372 in pretax profit for every dollar of revenue.
There was a significant improvement in the pretax margin in December 31, 2021, reaching 32.85%. This suggests that the company effectively managed its expenses or increased its revenue relative to the prior year.
However, in December 31, 2022, the pretax margin dropped to 21.39%, indicating a decrease in profitability before accounting for taxes. This decline could be attributed to various factors such as increased costs or decreased revenue.
Subsequently, in December 31, 2023, the pretax margin slightly improved to 25.32%, showing a recovery in profitability compared to the previous year.
Lastly, in December 31, 2024, the pretax margin fell to 11.01%, marking a significant decrease in profitability. This sharp decline could be a red flag signaling potential issues within the company's operations or financial health.
Overall, the pretax margin trend of Revvity Inc. reflects fluctuations in profitability over the years, highlighting the importance of closely monitoring and analyzing financial performance metrics to assess the company's financial viability and stability.
Peer comparison
Dec 31, 2024