Sensient Technologies Corporation (SXT)

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 162,798 128,728 124,141 127,376 129,851 164,738 170,322 177,244 182,204 183,446 183,546 163,816 157,484 151,232 144,969 151,055 137,845 87,394 83,588 87,239
Revenue (ttm) US$ in thousands 1,550,306 1,516,112 1,481,034 1,445,470 1,430,648 1,432,436 1,432,305 1,432,967 1,422,547 1,416,171 1,400,017 1,363,899 1,367,431 1,361,130 1,339,949 1,326,926 1,317,174 1,299,821 1,292,466 1,306,970
Pretax margin 10.50% 8.49% 8.38% 8.81% 9.08% 11.50% 11.89% 12.37% 12.81% 12.95% 13.11% 12.01% 11.52% 11.11% 10.82% 11.38% 10.47% 6.72% 6.47% 6.67%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $162,798K ÷ $1,550,306K
= 10.50%

Sensient Technologies Corporation's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 6.67% in March 2020 and remained relatively stable around this level until December 2020.

There was a significant increase in pretax margin in the last quarter of 2020, reaching 10.47%, indicating improved profitability before taxes. This positive trend continued into the first half of 2021, with pretax margins ranging between 10.82% and 11.52%.

In the latter half of 2022 and the first half of 2023, the pretax margin experienced a slight decline, fluctuating between 11.50% and 13.11%. However, the margin then decreased to 8.38% by June 30, 2024, before recovering slightly to 10.50% by the end of December 2024.

Overall, Sensient Technologies Corporation's pretax margin has shown variability but generally maintained profitability levels above 6% throughout the analyzed period, with some fluctuations reflecting changes in the company's financial performance and cost structures.