Applied Materials Inc (AMAT)
Pretax margin
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 8,152,000 | 7,716,000 | 7,599,000 | 6,771,000 | 4,166,000 |
| Revenue | US$ in thousands | 27,176,000 | 26,274,000 | 25,590,000 | 22,827,000 | 16,962,000 |
| Pretax margin | 30.00% | 29.37% | 29.70% | 29.66% | 24.56% |
October 27, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $8,152,000K ÷ $27,176,000K
= 30.00%
Based on the pretax margin data provided for Applied Materials Inc over the past five years, there has been a consistent trend of profitability before taxes. The company has shown a steady performance with pretax margins ranging from 24.56% in October 2020 to a peak of 30.00% in October 2024. This indicates that the company has been able to effectively manage its expenses and generate profits before accounting for income taxes.
The minor fluctuations in the pretax margin figures over the years suggest that Applied Materials Inc has been able to maintain a strong control over its operating costs and expenses, thereby ensuring a stable level of profitability. The increasing trend from 2020 to 2024 indicates a potential improvement in operational efficiency, which could be attributed to cost-saving initiatives or revenue growth strategies implemented by the company.
Overall, the pretax margin performance of Applied Materials Inc reflects a consistent and relatively healthy financial position, demonstrating the company's ability to generate profits efficiently and effectively manage its operations over the years.
Peer comparison
Oct 27, 2024