Coherent Inc (COHR)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -145,037 | -355,558 | 281,807 | 352,590 | -63,928 |
| Revenue | US$ in thousands | 4,412,030 | 4,867,480 | 3,194,080 | 3,014,630 | 2,274,090 |
| Pretax margin | -3.29% | -7.30% | 8.82% | 11.70% | -2.81% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-145,037K ÷ $4,412,030K
= -3.29%
The pretax margin of Coherent Inc has fluctuated over the past five years. In 2024, the pretax margin improved to -3.29% from the previous year's -7.30%. This indicates that the company was able to reduce its pre-tax losses as a percentage of its revenue. However, this improvement follows a downward trend since 2022 when the pretax margin was at a high of 8.82%. In 2021, the company had a pretax margin of 11.70%, showing relatively high profitability before a decline in the subsequent years. The pretax margin was negative in both 2020 and 2024, highlighting periods of operational challenges for Coherent Inc. Overall, the company's pretax margin has been inconsistent, suggesting fluctuations in its ability to generate profits before taxes relative to its revenue.
Peer comparison
Jun 30, 2024