Smurfit WestRock plc (SW)
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 | 560,000 | 1,166,200 | 1,293,000 | 913,000 | 748,000 |
| Revenue | US$ in thousands | 21,109,000 | 12,460,100 | 12,815,000 | 10,107,000 | 8,530,000 |
| Pretax margin | 2.65% | 9.36% | 10.09% | 9.03% | 8.77% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $560,000K ÷ $21,109,000K
= 2.65%
The pretax margin of Smurfit WestRock plc has shown fluctuations over the period from December 31, 2020, to December 31, 2024.
- In 2020, the pretax margin was 8.77%. It then increased slightly to 9.03% in 2021, indicating a slightly improved profitability before tax.
- The pretax margin saw a more significant increase in 2022, reaching 10.09%, which suggests a notable improvement in the company's ability to generate profits before accounting for taxes.
- However, in 2023, the pretax margin decreased to 9.36%, showing a slight decline in profitability compared to the previous year.
- The most significant change occurred in 2024, where the pretax margin substantially dropped to 2.65%. This sharp decline indicates a significant reduction in profitability before tax, which could be a cause for concern.
Overall, the trend in Smurfit WestRock plc's pretax margin shows some variability, with improvements in certain years and declines in others. It would be important to further investigate the factors driving these fluctuations to understand the company's overall financial performance.
Peer comparison
Dec 31, 2024