Revvity Inc. (RVTY)

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	696,567	708,340	1,257,300	897,399	236,947
Revenue	US$ in thousands	2,750,570	3,311,820	3,827,810	3,782,740	2,883,670
Pretax margin		25.32%	21.39%	32.85%	23.72%	8.22%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $696,567K ÷ $2,750,570K
= 25.32%

The pretax margin of Revvity Inc. has displayed fluctuations over the past five years. The trend indicates a decrease in the pretax margin from 25.26% in January 2, 2022, to 6.65% in December 31, 2023. This decline suggests a potential decrease in the company's profitability before accounting for taxes in recent years. Further investigation into the factors influencing this trend, such as changes in revenue, expenses, or cost management strategies, could provide valuable insights into Revvity Inc.'s financial performance and sustainability.