Sealed Air Corporation (SEE)
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 | 458,400 | 429,700 | 729,300 | 716,200 | 626,200 |
| Revenue | US$ in thousands | 5,392,600 | 5,488,900 | 5,641,900 | 5,533,800 | 4,903,200 |
| Pretax margin | 8.50% | 7.83% | 12.93% | 12.94% | 12.77% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $458,400K ÷ $5,392,600K
= 8.50%
The pretax margin for Sealed Air Corporation has shown a relatively stable trend over the years, ranging from 12.77% in December 2020 to 8.50% in December 2024. There was a slight increase from 12.77% in 2020 to 12.94% in 2021, followed by a marginal decrease to 12.93% in 2022. However, the pretax margin took a notable dip in 2023 to 7.83% and then slightly recovered to 8.50% in 2024.
The pretax margin indicates the company's efficiency in generating profits before accounting for taxes on its income. The declining trend in the pretax margin from 2022 to 2024 may suggest potential challenges in the company's cost management or revenue generation strategies during those periods. Further analysis of the underlying factors affecting the pretax margin, such as changes in revenue, operating expenses, or tax implications, would provide a more in-depth understanding of Sealed Air's financial performance.
Peer comparison
Dec 31, 2024