Solventum Corp. (SOLV)
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 | 605,000 | 1,667,000 | 1,692,000 | 1,882,000 | 1,440,000 |
| Revenue | US$ in thousands | 8,254,000 | 8,197,000 | 8,130,000 | 8,171,000 | 7,281,000 |
| Pretax margin | 7.33% | 20.34% | 20.81% | 23.03% | 19.78% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $605,000K ÷ $8,254,000K
= 7.33%
Solventum Corp.'s pretax margin has shown fluctuations over the years. It increased from 19.78% in December 2020 to 23.03% in December 2021, indicating improved profitability before taxes. However, there was a slight decrease to 20.81% in December 2022 and further to 20.34% in December 2023. The most notable change occurred in December 2024, where the pretax margin dropped significantly to 7.33%. This significant decline suggests that Solventum Corp. may be facing challenges affecting its profitability before tax in the latest period. Further analysis is needed to understand the reasons behind this abrupt drop and to assess its impact on the company's overall financial health and performance.
Peer comparison
Dec 31, 2024