Terex Corporation (TEX)
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 | 408,000 | 581,000 | 366,400 | 267,200 | -8,600 |
| Revenue | US$ in thousands | 5,127,000 | 5,152,000 | 4,417,700 | 3,886,800 | 3,076,400 |
| Pretax margin | 7.96% | 11.28% | 8.29% | 6.87% | -0.28% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $408,000K ÷ $5,127,000K
= 7.96%
The pretax margin of Terex Corporation has displayed a fluctuating trend over the past five years. Starting at a negative figure of -0.28% in December 2020, the company managed to turn this around and achieve a pretax margin of 6.87% by December 2021. Subsequently, there was a notable improvement as the pretax margin increased to 8.29% by December 2022. In the following year, Terex Corporation experienced a significant surge in profitability, with the pretax margin reaching 11.28% by December 2023. However, there was a slight dip in performance in December 2024, with the pretax margin decreasing to 7.96%. Overall, the pretax margin of Terex Corporation has shown an upward trajectory with occasional fluctuations, indicating varying levels of profitability over the specified period.