Sensata Technologies Holding NV (ST)

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	-11,837	17,842	396,702	413,917	165,641
Revenue	US$ in thousands	3,932,760	4,054,080	4,029,260	3,820,810	3,045,580
Pretax margin		-0.30%	0.44%	9.85%	10.83%	5.44%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $-11,837K ÷ $3,932,760K
= -0.30%

The pretax margin for Sensata Technologies Holding NV has shown some fluctuations over the past five years.

In December 31, 2020, the pretax margin was reported at 5.44%, indicating that the company was generating a profit before taxes equal to 5.44% of its total revenue. This suggests a moderate level of profitability.

By December 31, 2021, the pretax margin had increased to 10.83%, showing a significant improvement in profitability within a year. This could indicate improved cost management or increased revenue generation.

The pretax margin slightly declined to 9.85% by December 31, 2022, but still remained at a relatively healthy level, reflecting continued profitability.

However, there was a notable decrease in performance by December 31, 2023, with a pretax margin of 0.44%. This sharp decline could be indicative of challenges faced by the company, such as increased expenses or lower revenue.

The most recent data point, with a pretax margin of -0.30% as of December 31, 2024, shows that the company may be operating at a loss before accounting for taxes. This could raise concerns about the company's ability to cover its operating costs and generate profits.

Overall, the trend in the pretax margin for Sensata Technologies Holding NV has been mixed, with periods of strong profitability followed by declines and even losses. It would be important for stakeholders to closely monitor the company's financial performance and assess the factors driving these fluctuations.