Dentsply Sirona Inc (XRAY)
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 | -936,000 | -428,000 | -200,000 | -188,000 | -247,000 | -224,000 | -1,215,000 | -1,170,000 | -1,059,000 | -929,000 | 450,000 | 493,000 | 559,000 | 544,000 | 472,700 | 218,800 | -59,900 | -45,400 | -5,600 | 161,900 |
| Revenue (ttm) | US$ in thousands | 3,793,000 | 3,900,000 | 3,896,000 | 3,940,000 | 3,965,000 | 3,936,000 | 3,936,000 | 3,931,000 | 3,918,000 | 4,023,000 | 4,145,000 | 4,189,000 | 4,251,000 | 4,245,000 | 4,070,800 | 3,494,400 | 3,341,700 | 3,371,200 | 3,438,500 | 3,957,300 |
| Pretax margin | -24.68% | -10.97% | -5.13% | -4.77% | -6.23% | -5.69% | -30.87% | -29.76% | -27.03% | -23.09% | 10.86% | 11.77% | 13.15% | 12.82% | 11.61% | 6.26% | -1.79% | -1.35% | -0.16% | 4.09% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-936,000K ÷ $3,793,000K
= -24.68%
The pretax margin of Dentsply Sirona Inc has shown significant fluctuations over the periods indicated in the data. The trend reveals a mix of positive and negative pretax margins. From March 31, 2020, to June 30, 2022, the company experienced an uptrend in pretax margin, reaching a peak of 13.15% by December 31, 2021. This positive momentum indicates the company's ability to generate higher profits before accounting for taxes during this period.
However, starting from March 31, 2022, the pretax margin began to decline rapidly, dropping to a low of -30.87% by June 30, 2023. This significant downturn in profitability suggests challenges or inefficiencies impacting the company's ability to generate profits before tax. The negative pretax margins persisted until the end of December 31, 2024, with fluctuations ranging from -4.77% to -24.68%.
The substantial negative pretax margins from September 30, 2022, onwards highlight a concerning trend in the company's financial performance. It indicates that Dentsply Sirona Inc may be facing operational difficulties, cost pressures, or other issues that are eroding its profitability before tax.
Overall, the pretax margin analysis reflects a period of initial growth and profitability followed by a sharp decline and continued negative margins, signaling potential financial challenges for Dentsply Sirona Inc that require further investigation and corrective actions.
Peer comparison
Dec 31, 2024