Sensient Technologies Corporation (SXT)
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 | 162,798 | 129,851 | 182,204 | 157,484 | 137,845 |
| Revenue | US$ in thousands | 1,557,370 | 1,430,740 | 1,422,220 | 1,367,390 | 1,317,440 |
| Pretax margin | 10.45% | 9.08% | 12.81% | 11.52% | 10.46% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $162,798K ÷ $1,557,370K
= 10.45%
Sensient Technologies Corporation has demonstrated varied pretax margin performance over the past five years. The pretax margin, which represents the company's profitability before taxes, increased from 10.46% in December 31, 2020, to 11.52% in December 31, 2021, indicating an improvement in profitability.
Subsequently, the pretax margin continued to rise to 12.81% by December 31, 2022, reflecting further enhancement in operational efficiency and profitability. However, there was a slight decline in the pretax margin to 9.08% by the end of December 31, 2023, which may indicate some challenges or changes in the company's financial performance during that period.
It is noteworthy that the pretax margin increased to 10.45% by December 31, 2024, showing a recovery from the previous year's decline. Overall, while Sensient Technologies Corporation's pretax margin experienced fluctuations in recent years, the company managed to maintain a reasonable level of profitability, which could be further analyzed in conjunction with other financial metrics to assess the company's overall financial health.
Peer comparison
Dec 31, 2024