Sotera Health Co (SHC)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 106,027 | -338,145 | -296,599 | -282,976 | -243,111 | 194,125 | 193,212 | 206,885 | 175,477 |
| Revenue (ttm) | US$ in thousands | 1,049,288 | 990,639 | 976,166 | 987,523 | 1,003,687 | 993,346 | 970,806 | 956,084 | 931,478 |
| Pretax margin | 10.10% | -34.13% | -30.38% | -28.66% | -24.22% | 19.54% | 19.90% | 21.64% | 18.84% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $106,027K ÷ $1,049,288K
= 10.10%
The pretax margin performance of Sotera Health Co has varied significantly over the past eight quarters, ranging from -34.13% to 21.64%. In Q4 2023, the pretax margin improved to 10.10% from a negative figure in the previous quarter. However, the company experienced negative pretax margins in the three preceding quarters, indicating operational challenges. Comparing to the same quarter in the previous year, Sotera Health Co saw a decrease in pretax margin. The company had a relatively strong pretax margin in Q2 and Q3 2022, but performance declined in the subsequent quarters. It is important for Sotera Health Co to address the factors contributing to negative pretax margins and work towards consistent profitability.
Peer comparison
Dec 31, 2023