NCR Voyix Corporation (VYX)
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 | -145,000 | -389,000 | -244,000 | -145,000 | -66,000 | 269,000 | 268,000 | 256,000 | 211,000 | 300,000 | 230,000 | 215,000 | 284,000 | -34,000 | -44,000 | -36,000 | -59,000 | 170,000 | 246,000 | 319,000 |
| Revenue (ttm) | US$ in thousands | 2,826,000 | 3,412,000 | 4,718,000 | 5,828,000 | 6,857,000 | 7,903,000 | 7,858,000 | 7,869,000 | 7,844,000 | 7,869,000 | 7,798,000 | 7,478,000 | 7,156,000 | 6,753,000 | 6,441,000 | 6,248,000 | 6,207,000 | 6,462,000 | 6,656,000 | 6,882,000 |
| Pretax margin | -5.13% | -11.40% | -5.17% | -2.49% | -0.96% | 3.40% | 3.41% | 3.25% | 2.69% | 3.81% | 2.95% | 2.88% | 3.97% | -0.50% | -0.68% | -0.58% | -0.95% | 2.63% | 3.70% | 4.64% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-145,000K ÷ $2,826,000K
= -5.13%
The pretax margin of NCR Voyix Corporation has exhibited fluctuations over the analyzed period. It started at a positive level of 4.64% as of March 31, 2020, indicating that the company was generating a profit before tax as a percentage of its total revenue. However, this margin declined over the subsequent quarters, reaching a negative level of -0.95% by December 31, 2020.
The negative trend continued into the first half of 2021, with pretax margins hovering around -0.5% to -0.6%. There was a positive turnaround in profitability by the end of 2021, with a pretax margin of 3.97%. This positive trend continued into 2022, with margins remaining relatively stable between 2.69% and 3.81%.
However, in the latter half of 2023 and throughout 2024, the pretax margin experienced a significant decline, falling to as low as -11.40% by September 30, 2024. This indicates that the company was incurring losses before tax, signaling potential financial challenges during this period.
Overall, the analysis of NCR Voyix Corporation's pretax margin highlights both positive and negative trends in profitability over the analyzed period, suggesting fluctuations in the company's financial performance and its ability to generate profits before accounting for taxes.