Advanced Energy Industries Inc (AEIS)
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 | 52,377 | 27,994 | 77,066 | 90,547 | 122,461 | 161,663 | 213,650 | 237,414 | 241,741 | 229,255 | 167,447 | 148,851 | 148,711 | 155,361 | 183,053 | 179,524 | 158,147 | 125,942 | 84,297 | 76,958 |
| Revenue (ttm) | US$ in thousands | 1,482,042 | 1,471,910 | 1,507,684 | 1,558,245 | 1,655,810 | 1,741,279 | 1,847,562 | 1,873,003 | 1,845,422 | 1,751,612 | 1,581,431 | 1,501,793 | 1,455,954 | 1,429,993 | 1,473,421 | 1,451,990 | 1,415,826 | 1,383,125 | 1,168,731 | 963,661 |
| Pretax margin | 3.53% | 1.90% | 5.11% | 5.81% | 7.40% | 9.28% | 11.56% | 12.68% | 13.10% | 13.09% | 10.59% | 9.91% | 10.21% | 10.86% | 12.42% | 12.36% | 11.17% | 9.11% | 7.21% | 7.99% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $52,377K ÷ $1,482,042K
= 3.53%
The pretax margin of Advanced Energy Industries Inc has shown some fluctuations over the period provided. The pretax margin increased steadily from March 31, 2020, reaching a peak of 13.10% by December 31, 2022. However, after this peak, there was a gradual decline in the pretax margin, reaching a low of 1.90% by September 30, 2024. The pretax margin then slightly improved to 3.53% by December 31, 2024.
Overall, the trend in pretax margin indicates some volatility in the company's profitability before the decline starting from the fourth quarter of 2022. It would be essential for stakeholders to further investigate the reasons behind this decline and assess the company's strategies to sustain or improve pretax margins in the future.
Peer comparison
Dec 31, 2024