Ichor Holdings Ltd (ICHR)
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 | -18,054 | -31,078 | 75,330 | 73,756 | 32,291 |
| Revenue | US$ in thousands | 849,040 | 811,120 | 1,280,070 | 1,096,920 | 914,236 |
| Pretax margin | -2.13% | -3.83% | 5.88% | 6.72% | 3.53% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-18,054K ÷ $849,040K
= -2.13%
Ichor Holdings Ltd's pretax margin has experienced fluctuations over the past five years. In December 2020, the pretax margin stood at 3.53%, indicating that for every dollar of revenue generated, the company had a pre-tax profit of $0.0353.
From 2020 to 2021, there was an improvement in the pretax margin, rising to 6.72%. This suggests that the company was able to increase its profitability before accounting for taxes.
However, in 2022, the pretax margin decreased slightly to 5.88%. Despite this decrease, the company maintained a relatively healthy profitability level.
In December 2023, the pretax margin took a significant downturn, falling to -3.83%. This negative pretax margin indicates that the company incurred pre-tax losses during this period, which may raise concerns about its financial performance.
By December 2024, although there was a slight improvement in the pretax margin to -2.13%, the company still experienced pre-tax losses. This indicates ongoing financial challenges that may require further investigation and strategic actions to improve profitability.
Overall, the trend in Ichor Holdings Ltd's pretax margin shows a mix of positive and negative performance, highlighting the importance of closely monitoring and managing profitability levels to ensure sustainable financial health.
Peer comparison
Dec 31, 2024