Sylvamo Corp (SLVM)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 405,000 | 372,000 | 331,000 | 288,000 | 369,000 | 424,000 | 480,000 | 527,000 | 438,000 | 416,000 | 389,000 | 412,000 | 444,000 | 412,000 | 355,000 | 248,500 | 198,000 |
| Revenue (ttm) | US$ in thousands | 3,773,000 | 3,767,000 | 3,699,000 | 3,685,000 | 3,739,000 | 3,702,000 | 3,773,000 | 3,766,000 | 3,784,000 | 3,829,000 | 3,769,000 | 3,552,000 | 3,353,000 | 3,177,000 | 3,007,000 | 3,049,500 | 3,009,000 |
| Pretax margin | 10.73% | 9.88% | 8.95% | 7.82% | 9.87% | 11.45% | 12.72% | 13.99% | 11.58% | 10.86% | 10.32% | 11.60% | 13.24% | 12.97% | 11.81% | 8.15% | 6.58% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $405,000K ÷ $3,773,000K
= 10.73%
The pretax margin of Sylvamo Corp has shown fluctuations over the period from December 31, 2020, to December 31, 2024. The pretax margin represents the company's profitability before considering taxes as a percentage of its total revenue.
From December 31, 2020, to March 31, 2022, Sylvamo Corp experienced a general upward trend in pretax margin, indicating an improvement in its ability to generate profits before taxes. The pretax margin increased from 6.58% in December 2020 to 13.24% in December 2021, showcasing a significant growth in profitability.
However, the pretax margin started to decline in the later periods, dropping to 7.82% by March 31, 2024. This decline may raise concerns about the company's profitability and operational efficiency during this period.
Overall, while Sylvamo Corp demonstrated a strong improvement in pretax margin in the initial years, the subsequent decline suggests a need for the company to focus on maintaining or enhancing its profitability levels in the future. Monitoring and analyzing the factors contributing to these fluctuations will be crucial for the company's financial performance sustainability.
Peer comparison
Dec 31, 2024