Visteon Corp (VC)
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 | 298,000 | 257,000 | 175,000 | 81,000 | -20,000 |
Revenue | US$ in thousands | 3,866,000 | 3,954,000 | 3,756,000 | 2,773,000 | 2,548,000 |
Pretax margin | 7.71% | 6.50% | 4.66% | 2.92% | -0.78% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $298,000K ÷ $3,866,000K
= 7.71%
Visteon Corp's pretax margin has shown a positive trend over the years, improving from -0.78% in December 31, 2020, to 7.71% in December 31, 2024. This indicates the company's ability to generate operating profits relative to its total revenue before accounting for taxes. The steady increase in pretax margin reflects effective cost management, operational efficiency, and possibly increased profitability. It demonstrates favorable financial performance and potential for growth and sustainability in the long term.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Visteon Corp
VC
7.71%
Adient PLC
ADNT
0.34%
American Axle & Manufacturing
AXL
1.03%
Aptiv PLC
APTV
10.20%
Autoliv Inc
ALV
8.42%
BorgWarner Inc
BWA
3.19%
Dana Inc
DAN
0.78%
Dorman Products Inc
DORM
12.75%
Gentex Corporation
GNTX
20.41%
Gentherm Inc
THRM
7.04%
Honeywell International Inc
HON
18.74%