Sotera Health Co (SHC)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 106,027 | -243,111 | 175,477 |
| Revenue | US$ in thousands | 1,049,290 | 1,003,690 | 931,478 |
| Pretax margin | 10.10% | -24.22% | 18.84% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $106,027K ÷ $1,049,290K
= 10.10%
The pretax margin of Sotera Health Co has shown fluctuations over the past five years. In 2023, the pretax margin improved significantly to 10.10% from a negative figure in 2022. This positive trend indicates better ability to generate profits before accounting for taxes in the most recent year. In 2021, the pretax margin was notably high at 18.86%, reflecting strong profitability. However, in 2020 and 2019, the company experienced negative pretax margins, suggesting challenges in managing expenses and generating profits during those periods. Overall, the upward trend in the pretax margin over the last two years is a positive indicator of improved financial performance for Sotera Health Co.
Peer comparison
Dec 31, 2023