SPX Corp (SPXC)
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 | 255,400 | 186,300 | 27,100 | 69,900 | 116,500 |
| Revenue | US$ in thousands | 1,983,900 | 1,741,200 | 1,460,900 | 1,219,500 | 1,559,500 |
| Pretax margin | 12.87% | 10.70% | 1.86% | 5.73% | 7.47% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $255,400K ÷ $1,983,900K
= 12.87%
The pretax margin of SPX Corp has shown some fluctuations over the years, ranging from 1.86% in December 31, 2022 to 12.87% in December 31, 2024. This metric reflects the company's ability to generate profits before taxes relative to its total revenue. The increase in pretax margin from 2022 to 2024 indicates an improvement in operational efficiency and cost management, leading to higher profitability. Investors and stakeholders may view the rising trend in pretax margin positively as it suggests that the company is effectively managing its expenses and maximizing its earnings. However, it is essential to monitor this metric closely to ensure sustained profitability and growth in the future.
Peer comparison
Dec 31, 2024