ADEIA CORP (ADEA)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 79,976 | 89,189 | -315,283 | -314,156 | -324,501 | -369,014 | -26,877 | -33,309 | -50,629 | 146,484 | 153,623 | 123,216 |
| Revenue (ttm) | US$ in thousands | 388,788 | 405,210 | 393,110 | 417,708 | 438,933 | 433,922 | 564,004 | 678,461 | 761,525 | 721,073 | 704,491 | 619,850 |
| Pretax margin | 20.57% | 22.01% | -80.20% | -75.21% | -73.93% | -85.04% | -4.77% | -4.91% | -6.65% | 20.31% | 21.81% | 19.88% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $79,976K ÷ $388,788K
= 20.57%
The pretax margin of ADEIA CORP has shown volatility over the past few quarters. The company experienced a significant decline in pretax margin in the second and third quarters of 2023, with negative margins of -80.20% and -75.21% respectively. This decline could indicate challenges in generating profits before accounting for taxes during these periods.
In contrast, the pretax margin improved in the fourth quarter of 2023 to 20.57%, showing a recovery from the previous negative margins. The pretax margin was positive and relatively stable in the quarters prior to the sharp declines in 2022 and early 2023, suggesting a more profitable performance during those periods.
Overall, fluctuations in the pretax margin of ADEIA CORP indicate varying levels of profitability and efficiency in managing expenses and generating revenues throughout the analyzed periods. Further analysis of the company's financial performance and operational strategies may provide insights into the factors contributing to these fluctuations.
Peer comparison
Dec 31, 2023