Dynavax Technologies Corporation (DVAX)
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 | 30,856 | 24,223 | 18,551 | 7,852 | -4,367 | 62,611 | 112,557 | 237,724 | 294,299 | 326,912 | 234,390 | 109,489 | 77,521 | -38,533 | -5,702 | -61,754 | -75,240 | -96,529 | -134,389 | -125,523 |
| Revenue (ttm) | US$ in thousands | 277,247 | 260,811 | 249,695 | 236,149 | 232,284 | 361,180 | 459,401 | 655,616 | 722,683 | 733,261 | 673,796 | 470,099 | 439,442 | 263,922 | 169,066 | 118,967 | 46,551 | 37,571 | 34,732 | 40,365 |
| Pretax margin | 11.13% | 9.29% | 7.43% | 3.33% | -1.88% | 17.34% | 24.50% | 36.26% | 40.72% | 44.58% | 34.79% | 23.29% | 17.64% | -14.60% | -3.37% | -51.91% | -161.63% | -256.92% | -386.93% | -310.97% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $30,856K ÷ $277,247K
= 11.13%
Dynavax Technologies Corporation's pretax margin experienced significant fluctuations over the period analyzed. The company demonstrated negative pretax margins in the initial quarters, indicating expenses exceeded revenues. However, a noteworthy turnaround began in the latter part of 2021 and continued into 2024, with pretax margins gradually improving to positive levels. This positive trend suggests that the company may have implemented cost-cutting measures, improved operational efficiency, or experienced revenue growth. The increasing pretax margins indicate a potential enhancement in the company's profitability and financial performance during the latter half of the period.
Peer comparison
Dec 31, 2024