Zurn Elkay Water Solutions Corporation (ZWS)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 155,300 | 88,500 | 123,600 | 184,500 | 87,700 |
| Revenue | US$ in thousands | 1,530,500 | 1,281,800 | 910,900 | 2,068,300 | 2,050,900 |
| Pretax margin | 10.15% | 6.90% | 13.57% | 8.92% | 4.28% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $155,300K ÷ $1,530,500K
= 10.15%
The pretax margin of Zurn Elkay Water Solutions Corporation has shown variability over the past five years. In 2023, the pretax margin improved significantly to 10.15% compared to 6.90% in 2022, showcasing a positive trend in profitability. The pretax margin was highest in 2021 at 13.57%, indicating strong profitability for that year. In 2020 and 2019, the pretax margin was 8.92% and 4.28% respectively, showing a gradual improvement in profitability over the years. Overall, the pretax margin has demonstrated an upward trend, indicating improved efficiency in generating profits before taxes for the company over the past five years.
Peer comparison
Dec 31, 2023