Calix Inc (CALX)
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 | -31,646 | -21,780 | 4,155 | 27,066 | 38,007 | 57,868 | 60,191 | 55,631 | 54,042 | 53,737 | 50,713 | 61,709 | 72,654 | 83,148 | 86,393 | 61,664 | 34,284 | 10,807 | -12,649 | -13,535 |
| Revenue (ttm) | US$ in thousands | 831,518 | 890,128 | 953,018 | 1,015,895 | 1,039,593 | 1,019,362 | 991,861 | 932,887 | 867,827 | 799,743 | 735,640 | 702,268 | 679,394 | 673,001 | 651,278 | 601,631 | 541,239 | 491,404 | 455,381 | 436,662 |
| Pretax margin | -3.81% | -2.45% | 0.44% | 2.66% | 3.66% | 5.68% | 6.07% | 5.96% | 6.23% | 6.72% | 6.89% | 8.79% | 10.69% | 12.35% | 13.27% | 10.25% | 6.33% | 2.20% | -2.78% | -3.10% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-31,646K ÷ $831,518K
= -3.81%
The pretax margin of Calix Inc has shown fluctuations over the periods presented. From March 31, 2020, to December 31, 2021, the pretax margin exhibited a positive trend, increasing from negative percentages to double-digit percentages. However, from March 31, 2022, to December 31, 2024, the pretax margin experienced a declining trend, falling back into negative territory by the end of December 2024.
The highest pretax margin was recorded on June 30, 2021, at 13.27%, indicating strong profitability before experiencing a gradual decline. The lowest pretax margin was observed on December 31, 2024, at -3.81%, reflecting a significant decrease in profitability. Overall, the pretax margin of Calix Inc has shown variability, highlighting the importance of monitoring and managing operational efficiency and cost controls to sustain and improve profitability.
Peer comparison
Dec 31, 2024