Applied Materials Inc (AMAT)
Pretax margin
| Oct 31, 2024 | Oct 27, 2024 | Oct 31, 2023 | Oct 29, 2023 | Oct 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 8,152,000 | 8,152,000 | 7,716,000 | 7,716,000 | 7,599,000 |
| Revenue | US$ in thousands | 27,176,000 | 27,176,000 | 26,517,000 | 26,274,000 | 25,785,000 |
| Pretax margin | 30.00% | 30.00% | 29.10% | 29.37% | 29.47% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $8,152,000K ÷ $27,176,000K
= 30.00%
Based on the provided data, the pretax margin of Applied Materials Inc has displayed a relatively stable performance over the analyzed period. Starting at 29.47% in October 31, 2022, the pretax margin slightly decreased to 29.37% by October 29, 2023, and further declined to 29.10% by October 31, 2023. However, there was a notable improvement in the pretax margin in the subsequent periods, reaching 30.00% both on October 27, 2024 and October 31, 2024.
This trend suggests that Applied Materials Inc effectively managed its pre-tax profitability during this period, with a minor dip in the middle that was quickly recovered in the later periods. It indicates that the company has been able to control its operating expenses and generate a stable level of pre-tax income relative to its revenue. Further analysis could explore the factors contributing to the fluctuations in the pretax margin and assess the effectiveness of the company's cost management strategies.
Peer comparison
Oct 31, 2024