Entegris Inc (ENTG)

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 321,173 235,646 180,949 287,710 172,247 210,744 98,941 34,786 247,063 330,075 538,894 526,589 479,076 437,254 405,015 382,726 354,287 318,981 264,762 349,597
Revenue (ttm) US$ in thousands 3,241,208 3,203,662 3,284,207 3,372,555 3,523,926 3,657,705 3,763,294 3,554,783 3,282,033 2,971,167 2,556,832 2,435,695 2,298,893 2,181,283 2,082,777 1,959,830 1,859,313 1,768,717 1,681,877 1,612,346
Pretax margin 9.91% 7.36% 5.51% 8.53% 4.89% 5.76% 2.63% 0.98% 7.53% 11.11% 21.08% 21.62% 20.84% 20.05% 19.45% 19.53% 19.05% 18.03% 15.74% 21.68%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $321,173K ÷ $3,241,208K
= 9.91%

Entegris Inc's pretax margin has shown fluctuating trends over the past few years, ranging from a high of 21.68% in March 2020 to a low of 0.98% in March 2023. The pretax margin is a measure of a company's operating efficiency and profitability before accounting for taxes and interest expenses.

Overall, the pretax margin has demonstrated some volatility, with periods of both improvement and declines. It peaked at 21.68% in March 2020 before experiencing a gradual decline, reaching a low of 0.98% in March 2023. This drastic decrease may indicate challenges or inefficiencies impacting the company's profitability during that period.

However, there was a recovery thereafter, with the pretax margin gradually increasing to 9.91% by December 2024. It is noteworthy that the pretax margin has shown a recent uptrend in the most recent quarters, possibly suggesting improved operational performance and cost management by Entegris Inc.

In conclusion, while Entegris Inc's pretax margin has experienced fluctuations, the recent positive trend indicates a potential recovery in profitability and efficiency, which could be a result of strategic business decisions and operational adjustments. Monitoring this financial metric going forward will be crucial to assess the company's financial health and performance.