Somnigroup International Inc. (SGI)
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 | 504,300 | 474,100 | 577,200 | 824,000 | 452,400 |
| Revenue | US$ in thousands | 4,930,900 | 4,925,400 | 4,921,200 | 4,930,800 | 3,676,900 |
| Pretax margin | 10.23% | 9.63% | 11.73% | 16.71% | 12.30% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $504,300K ÷ $4,930,900K
= 10.23%
The pretax margin of Somnigroup International Inc. has exhibited fluctuations over the past five years. It stood at 12.30% on December 31, 2020, showing a moderate level of profitability before tax. Subsequently, there was an improvement in the margin, reaching 16.71% by December 31, 2021, indicating enhanced efficiency in generating profits relative to revenue.
However, in the following years, the pretax margin experienced a downward trend. By December 31, 2022, it dropped to 11.73%, suggesting potential challenges or increased costs impacting the company's profitability. This trend continued, with the margin decreasing further to 9.63% by December 31, 2023, indicating a potential need for operational optimization.
Despite the decline in recent years, there was a slight recovery in the pretax margin on December 31, 2024, standing at 10.23%. Overall, the fluctuating pretax margin of Somnigroup International Inc. reflects varying levels of profitability and efficiency in managing costs over the analyzed period. Further analysis and monitoring of operational performance may be necessary to address the observed fluctuations and ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024