Calix Inc (CALX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -31,646 | 34,757 | 54,042 | 72,654 | 34,284 |
| Revenue | US$ in thousands | 831,518 | 1,039,590 | 867,827 | 679,394 | 541,239 |
| Pretax margin | -3.81% | 3.34% | 6.23% | 10.69% | 6.33% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-31,646K ÷ $831,518K
= -3.81%
The pretax margin of Calix Inc has shown some fluctuation over the past five years. In December 2020, the pretax margin was 6.33%, indicating that for every dollar of revenue, the company retained 6.33 cents before accounting for income taxes. This margin improved to 10.69% by December 2021, reflecting better operational efficiency or cost management.
However, in the following years, the pretax margin decreased. In December 2022, it dropped to 6.23%, signaling a potential decrease in profitability or an increase in costs relative to revenue. The trend continued in December 2023, with the pretax margin further declining to 3.34%, possibly raising concerns about the company's ability to generate profits before taxes effectively.
By December 2024, the pretax margin turned negative at -3.81%, indicating that Calix Inc incurred losses before accounting for taxes. This negative margin suggests that the company's expenses exceeded its revenue, potentially raising red flags for investors and creditors.
Overall, the analysis of Calix Inc's pretax margin highlights varying levels of profitability over the past five years, indicating fluctuations in the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024