Dentsply Sirona Inc (XRAY)
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 | -936,000 | -175,000 | -1,055,000 | 559,000 | -60,000 |
| Revenue | US$ in thousands | 3,793,000 | 3,965,000 | 3,922,000 | 4,251,000 | 3,342,000 |
| Pretax margin | -24.68% | -4.41% | -26.90% | 13.15% | -1.80% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-936,000K ÷ $3,793,000K
= -24.68%
The pretax margin is a financial ratio that indicates a company's profitability before taxes are taken into account. For Dentsply Sirona Inc, the pretax margin fluctuated significantly over the past five years.
In December 31, 2020, the pretax margin was reported at -1.80%, indicating that the company had incurred a loss before considering taxes. However, by December 31, 2021, the pretax margin improved significantly to 13.15%, reflecting a turnaround in profitability.
Subsequently, in December 31, 2022, the pretax margin declined sharply to -26.90%, signaling a substantial decrease in profitability. This negative trend continued in December 31, 2023, with a pretax margin of -4.41%, although it was less severe compared to the previous year.
By December 31, 2024, the pretax margin further deteriorated to -24.68%, indicating ongoing challenges in generating profits before tax obligations.
Overall, the pretax margin for Dentsply Sirona Inc has been volatile, with fluctuations in profitability levels over the analyzed period. It is essential for the company to assess its cost structures and revenue streams to improve its financial performance and ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024