NCR Voyix Corporation (VYX)
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 | -199,000 | -382,000 | 211,000 | 284,000 | -59,000 |
| Revenue | US$ in thousands | 2,826,000 | 3,830,000 | 7,844,000 | 7,156,000 | 6,207,000 |
| Pretax margin | -7.04% | -9.97% | 2.69% | 3.97% | -0.95% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-199,000K ÷ $2,826,000K
= -7.04%
The pretax margin of NCR Voyix Corporation has shown variability over the five-year period from 2020 to 2024. In 2020, the company reported a negative pretax margin of -0.95%, indicating that its operating expenses and costs exceeded its revenues before accounting for taxes.
However, there was substantial improvement in 2021, with the pretax margin increasing to 3.97%, signaling improved operational efficiency and profitability. Although the pretax margin dipped slightly in 2022 to 2.69%, the company maintained a positive margin, reflecting some level of stability in its financial performance.
In 2023, there was a significant decline in the pretax margin to -9.97%, indicating a notable decrease in profitability and potential challenges in managing costs and revenues. This negative trend persisted in 2024, with the pretax margin deteriorating further to -7.04%, showcasing continued struggles in generating profits before taxes.
Overall, NCR Voyix Corporation's pretax margin analysis suggests a mixed performance, with periods of positive margins followed by significant downturns in profitability. This indicates the company may need to focus on cost management, revenue generation, and overall operational efficiency to enhance its financial performance and sustainability.