Diodes Incorporated (DIOD)
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 | 55,864 | 274,467 | 395,940 | 315,095 | 120,341 |
| Revenue | US$ in thousands | 1,311,120 | 1,661,740 | 2,000,580 | 1,805,160 | 1,229,220 |
| Pretax margin | 4.26% | 16.52% | 19.79% | 17.46% | 9.79% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $55,864K ÷ $1,311,120K
= 4.26%
Diodes Incorporated has demonstrated fluctuating pretax margins over the period from December 31, 2020, to December 31, 2024. The pretax margin increased from 9.79% in 2020 to 19.79% in 2022, reflecting a significant improvement in profitability. However, there was a slight decline in 2023 to 16.52%, followed by a notable drop to 4.26% in 2024. These variations in pretax margin indicate the company's changing efficiency in managing operating expenses and generating profits before taxes. It is essential for stakeholders to monitor this metric closely, as sustained profitability is crucial for long-term business sustainability and growth.
Peer comparison
Dec 31, 2024