InterDigital Inc (IDCC)
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 | 429,416 | 309,311 | 324,578 | 216,585 | 237,626 | 245,296 | 214,359 | 217,344 | 119,195 | 109,804 | 114,740 | 87,282 | 70,663 | 37,337 | 17,797 | 43,553 | 38,153 | 62,010 | 53,125 | 38,457 |
| Revenue (ttm) | US$ in thousands | 857,024 | 711,188 | 709,932 | 575,889 | 517,655 | 504,255 | 483,937 | 497,549 | 401,152 | 416,818 | 445,514 | 426,114 | 407,069 | 385,797 | 330,293 | 343,605 | 336,872 | 348,243 | 333,653 | 307,944 |
| Pretax margin | 50.11% | 43.49% | 45.72% | 37.61% | 45.90% | 48.65% | 44.29% | 43.68% | 29.71% | 26.34% | 25.75% | 20.48% | 17.36% | 9.68% | 5.39% | 12.68% | 11.33% | 17.81% | 15.92% | 12.49% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $429,416K ÷ $857,024K
= 50.11%
InterDigital Inc's pretax margin has shown fluctuating trends over the given time period. The pretax margin started at a moderate level of 12.49% in March 2020 and gradually increased to reach its peak at 50.11% by December 2024.
There were periods of both growth and decline in the pretax margin. For instance, there was a noticeable increase in the pretax margin from September 2022 to December 2022, where it increased from 9.68% to 29.71%. This significant growth could indicate an improvement in the company's operational efficiency or cost management during that period.
However, it is important to note that there were also instances of decline in the pretax margin, such as the drop from June 2021 to September 2021, where it decreased from 5.39% to 9.68%. This could be attributed to various factors like increased costs, decreased revenue, or one-time expenses impacting profitability.
Overall, the upward trend in the pretax margin from 2022 to 2024 suggests that InterDigital Inc may have successfully improved its profitability and operational performance during this period. It is essential for investors and stakeholders to continue monitoring the company's financial performance to assess its long-term sustainability and growth prospects.
Peer comparison
Dec 31, 2024