FormFactor Inc (FORM)
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 | 79,412 | 89,267 | 57,870 | 98,500 | 85,175 |
| Revenue | US$ in thousands | 763,599 | 663,102 | 747,937 | 769,674 | 693,616 |
| Pretax margin | 10.40% | 13.46% | 7.74% | 12.80% | 12.28% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $79,412K ÷ $763,599K
= 10.40%
Based on the data provided, FormFactor Inc's pretax margin has exhibited variability over the years.
- In 2020, the pretax margin was 12.28%. This indicates that for every dollar of revenue, the company generated a profit of 12.28 cents before accounting for taxes.
- In 2021, there was a slight improvement in the pretax margin to 12.80%, suggesting better operational efficiency or cost management.
- However, by the end of 2022, the pretax margin decreased to 7.74%, signaling potential challenges or increased costs affecting the company's profitability.
- The pretax margin then rebounded in 2023 to 13.46%, showing a strong recovery or improved performance.
- Finally, by the end of 2024, the pretax margin settled at 10.40%, indicating some stabilization but still slightly below the levels seen in 2021 and 2023.
Overall, FormFactor Inc's pretax margin has fluctuated, reflecting changes in the company's financial performance and efficiency in managing operating expenses and generating profits before taxes. It is essential for stakeholders to closely monitor this metric to assess the company's profitability and financial health over time.
Peer comparison
Dec 31, 2024