Intel Corporation (INTC)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 776,000 | -2,820,000 | -2,943,000 | -3,044,000 | 7,765,000 | 13,758,000 | 20,804,000 | 27,458,000 | 21,703,000 | 23,997,000 | 22,180,000 | 22,370,000 | 25,078,000 | 25,658,000 | 27,336,000 | 26,125,000 | 24,058,000 | 21,625,000 | 22,048,000 | 22,853,000 |
| Revenue (ttm) | US$ in thousands | 54,609,000 | 49,921,000 | 51,712,000 | 53,325,000 | 60,233,000 | 69,226,000 | 72,142,000 | 77,425,000 | 78,200,000 | 77,539,000 | 76,698,000 | 76,709,000 | 76,997,000 | 77,332,000 | 78,200,000 | 75,050,000 | 71,097,000 | 69,594,000 | 69,394,000 | 69,770,000 |
| Pretax margin | 1.42% | -5.65% | -5.69% | -5.71% | 12.89% | 19.87% | 28.84% | 35.46% | 27.75% | 30.95% | 28.92% | 29.16% | 32.57% | 33.18% | 34.96% | 34.81% | 33.84% | 31.07% | 31.77% | 32.75% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $776,000K ÷ $54,609,000K
= 1.42%
The pretax margin of Intel Corporation has fluctuated over the past few quarters. The pretax margin represents the percentage of each dollar of revenue that is kept as pretax profit after accounting for all expenses except for taxes.
In the most recent quarter, Intel's pretax margin was 1.42%, indicating that the company retained approximately 1.42 cents in pretax profit for every dollar of revenue generated. This was a significant decrease from the previous quarter, which had a pretax margin of -5.65%, indicating a loss before tax.
Historically, Intel has demonstrated variability in its pretax margin, with some quarters showing strong profitability, such as the pretax margin of 35.46% in March 2022, while others exhibited lower profitability or even losses, like the pretax margins in September 2023 and June 2023 which were -5.65% and -5.69% respectively.
Overall, Intel's pretax margin trend suggests some instability in profitability, and investors and analysts may want to monitor this metric closely to assess the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2023