Amkor Technology Inc (AMKR)
Pretax margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 441,523 | 855,713 | 712,454 | 384,321 | 158,070 |
Revenue | US$ in thousands | 6,476,360 | 7,049,700 | 6,085,840 | 4,981,050 | 4,052,650 |
Pretax margin | 6.82% | 12.14% | 11.71% | 7.72% | 3.90% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $441,523K ÷ $6,476,360K
= 6.82%
AMKOR Technology Inc.'s pretax margin has shown fluctuations over the past five years, as evidenced by the data provided. In 2023, the pretax margin decreased to 6.83% from 12.08% in 2022, indicating a decline in the company's profitability before considering taxes. Despite the decrease, the pretax margin in 2023 remains higher than the levels seen in 2020 and 2019, suggesting improved profitability compared to those earlier years. The trend in pretax margin should be closely monitored to assess the company's operational efficiency and ability to generate profits before tax expenses.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
Amkor Technology Inc
AMKR
6.82%
ADEIA CORP
ADEA
20.57%
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2.22%
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18.65%
Alpha and Omega Semiconductor Ltd
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-1.13%
Analog Devices Inc
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29.93%
Applied Materials Inc
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29.37%
Broadcom Inc
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42.15%
CEVA Inc
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-1.69%
Cirrus Logic Inc
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20.35%
Diodes Incorporated
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16.61%