Analog Devices Inc (ADI)
Pretax margin
| Nov 2, 2024 | Oct 28, 2023 | Oct 29, 2022 | Oct 30, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,777,340 | 3,608,000 | 3,098,750 | 1,328,710 | 1,311,620 |
| Revenue | US$ in thousands | 9,439,960 | 12,053,800 | 11,813,500 | 6,931,870 | 5,409,750 |
| Pretax margin | 18.83% | 29.93% | 26.23% | 19.17% | 24.25% |
November 2, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,777,340K ÷ $9,439,960K
= 18.83%
Analog Devices Inc's pretax margin has shown fluctuations over the past five years. The pretax margin decreased from 24.25% in 2020 to 19.17% in 2021, representing a decline in profitability. However, the company managed to improve its pretax margin to 26.23% in 2022, indicating a significant recovery in profitability.
The following year, the pretax margin further increased to 29.93% in 2023, reflecting continued strong performance in generating profit before taxes. However, in the most recent year of 2024, the pretax margin declined to 18.83%, which may indicate some challenges faced by the company in maintaining profitability.
Overall, Analog Devices Inc has demonstrated varying levels of pretax profitability over the past five years, implying a need for continuous monitoring and strategic decision-making to sustain and enhance financial performance.
Peer comparison
Nov 2, 2024