Dell Technologies Inc (DELL)

Pretax margin

Jan 31, 2025 Oct 31, 2024 Aug 2, 2024 Jul 31, 2024 May 3, 2024 Apr 30, 2024 Feb 2, 2024 Jan 31, 2024 Nov 3, 2023 Oct 31, 2023 Aug 4, 2023 Jul 31, 2023 May 5, 2023 Apr 30, 2023 Feb 3, 2023 Jan 31, 2023 Oct 31, 2022 Oct 28, 2022 Jul 31, 2022 Jul 29, 2022
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 5,347,000 3,927,000 3,082,000 3,378,000 3,677,000 4,307,000 4,940,000 4,371,000 3,797,000 3,325,000 2,850,000 3,060,000 3,269,000 3,013,000 2,766,000 2,470,000 2,187,000 2,946,000 3,704,000 3,021,000
Revenue (ttm) US$ in thousands 98,349,000 96,662,000 94,540,000 91,832,000 89,124,000 89,131,000 89,138,000 89,754,000 90,370,000 89,041,000 87,712,000 89,817,000 91,922,000 95,721,000 99,520,000 100,906,000 102,292,000 103,687,000 105,082,000 100,851,000
Pretax margin 5.44% 4.06% 3.26% 3.68% 4.13% 4.83% 5.54% 4.87% 4.20% 3.73% 3.25% 3.41% 3.56% 3.15% 2.78% 2.45% 2.14% 2.84% 3.52% 3.00%

January 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $5,347,000K ÷ $98,349,000K
= 5.44%

Dell Technologies Inc's pretax margin has shown fluctuating trends over the past few reporting periods. The pretax margin stood at 3.00% as of July 29, 2022, and experienced a slight increase to 3.52% by July 31, 2022. However, in subsequent months, there was a decrease in the pretax margin as it dropped to 2.84% by October 28, 2022, and further declined to 2.14% by October 31, 2022.

The trend reversed in the following months with an increase in the pretax margin. By January 31, 2023, the pretax margin improved to 2.45% and further increased to 2.78% by February 3, 2023. The upward trend continued with pretax margins of 3.15% as of April 30, 2023, and 3.56% by May 5, 2023.

Subsequently, the pretax margin fluctuated but generally showed an increasing trend, reaching 5.44% as of January 31, 2025. This indicates an improvement in Dell Technologies Inc's ability to generate profits before taxes relative to its revenue over the specified period. Overall, while there were fluctuations in pretax margin, the general trend seems to be positive, indicating the company's ability to manage its costs and generate earnings efficiently.


Peer comparison

Jan 31, 2025

Company name
Symbol
Pretax margin
Dell Technologies Inc
DELL
5.44%
Apple Inc
AAPL
31.58%
Omnicell Inc
OMCL
2.30%
Super Micro Computer Inc
SMCI
7.48%