Ichor Holdings Ltd (ICHR)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -31,078 | 75,330 | 73,756 | 32,291 | 4,275 |
| Revenue | US$ in thousands | 791,741 | 1,269,010 | 1,089,730 | 905,509 | 610,190 |
| Pretax margin | -3.93% | 5.94% | 6.77% | 3.57% | 0.70% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-31,078K ÷ $791,741K
= -3.93%
Ichor Holdings Ltd's pretax margin has shown fluctuating performance over the past five years. The pretax margin was negative at -3.93% in 2023, indicating that the company incurred losses before taxes. In 2022 and 2021, the pretax margin improved to 5.94% and 6.77% respectively, reflecting higher profitability before tax. In 2020, the pretax margin decreased to 3.57%, but still remained positive. The lowest pretax margin was in 2019 at 0.70%, signaling lower profitability compared to the other years analyzed. Overall, Ichor Holdings Ltd's pretax margin has exhibited variability in profitability levels over the period under review.
Peer comparison
Dec 31, 2023