Stanley Black & Decker Inc (SWK)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -404,500 | -394,000 | 466,700 | 567,800 | 930,100 | 1,227,600 | 837,600 | 1,339,600 | 1,744,300 | 2,074,700 | 2,134,300 | 1,728,600 | 1,271,800 | 930,900 | 747,300 | 1,034,100 | 1,082,600 | 1,062,400 | 1,059,800 | 1,009,200 |
| Revenue (ttm) | US$ in thousands | 15,781,100 | 16,031,400 | 16,197,100 | 16,431,200 | 16,947,400 | 16,942,500 | 16,602,600 | 16,008,500 | 15,281,300 | 15,302,100 | 15,010,500 | 14,017,900 | 13,057,700 | 12,769,200 | 12,914,200 | 13,869,200 | 14,442,200 | 14,362,700 | 14,362,700 | 14,362,700 |
| Pretax margin | -2.56% | -2.46% | 2.88% | 3.46% | 5.49% | 7.25% | 5.04% | 8.37% | 11.41% | 13.56% | 14.22% | 12.33% | 9.74% | 7.29% | 5.79% | 7.46% | 7.50% | 7.40% | 7.38% | 7.03% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-404,500K ÷ $15,781,100K
= -2.56%
The pretax margin of Stanley Black & Decker Inc has displayed fluctuations over the periods analyzed. The company experienced a downward trend in its pretax margin from Dec 31, 2019, until Sep 30, 2022. However, there was a notable increase in the pretax margin in the first two quarters of 2023, showing signs of improvement. Despite the recent positive performance, the pretax margin declined again in the most recent quarter, reaching -2.56%.
Overall, the pretax margin of Stanley Black & Decker Inc has been volatile, indicating challenges in maintaining consistent profitability before taxes. Further analysis is needed to understand the underlying factors contributing to these fluctuations and to assess the company's ability to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2023