Sotera Health Co (SHC)
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 | 113,874 | 106,027 | -243,111 | 175,716 | -38,860 |
| Revenue | US$ in thousands | 1,100,440 | 1,049,290 | 1,003,690 | 931,478 | 818,158 |
| Pretax margin | 10.35% | 10.10% | -24.22% | 18.86% | -4.75% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $113,874K ÷ $1,100,440K
= 10.35%
The pretax margin of Sotera Health Co has displayed significant fluctuations over the past five years. In 2020, the company reported a negative pretax margin of -4.75%, indicating that its expenses exceeded its revenue before accounting for income taxes. However, there was a notable improvement in 2021, with the pretax margin increasing to 18.86%, reflecting better cost management or revenue growth.
The following year, in 2022, the pretax margin deteriorated significantly to -24.22%, signaling a substantial loss before tax. This decline may suggest challenges in controlling costs or generating sufficient revenue to cover expenses. Nonetheless, the company managed to recover in 2023, achieving a pretax margin of 10.10%, indicating a return to profitability.
In the most recent period, 2024, Sotera Health Co maintained a pretax margin of 10.35%, reflecting stable financial performance and continued profitability. Overall, the fluctuating pretax margins suggest that the company has experienced ups and downs in its financial health and operational efficiency over the years, highlighting the importance of continuous monitoring and strategic management to ensure sustainable profitability.
Peer comparison
Dec 31, 2024