Sensata Technologies Holding NV (ST)

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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	-11,837	-288,986	36,289	6,290	17,842	384,934	490,939	476,816	396,702	384,114	304,239	369,932	413,917	409,283	394,394	232,740	165,641	138,323	145,429	290,806
Revenue (ttm)	US$ in thousands	3,933,732	4,018,536	4,036,804	4,062,614	4,054,079	4,076,265	4,093,235	4,051,675	4,029,270	3,949,187	3,881,938	3,854,048	3,820,806	3,792,700	3,629,992	3,213,837	3,045,578	2,985,778	3,047,180	3,354,401
Pretax margin		-0.30%	-7.19%	0.90%	0.15%	0.44%	9.44%	11.99%	11.77%	9.85%	9.73%	7.84%	9.60%	10.83%	10.79%	10.86%	7.24%	5.44%	4.63%	4.77%	8.67%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-11,837K ÷ $3,933,732K
= -0.30%

Sensata Technologies Holding NV's pretax margin has shown fluctuations over the past few years. The trend indicates some level of volatility, with the margin ranging from as low as -7.19% on September 30, 2024, to as high as 11.99% on June 30, 2023.

The company experienced a significant improvement in pretax margin towards the end of 2023 and the beginning of 2024, where margins were above 9%, peaking at 11.99%. However, the margin dropped considerably to 0.15% on March 31, 2024, before dropping even further to -7.19% on September 30, 2024.

It is essential to examine the underlying reasons for these fluctuations in the pretax margin to assess the company's financial performance more accurately. Factors such as changes in revenue, cost management, operating efficiency, and one-time expenses could have contributed to these variations. Further analysis is warranted to understand the key drivers of the fluctuations in Sensata Technologies Holding NV's pretax margin.