Juniper Networks Inc (JNPR)
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 | 339,400 | 531,500 | 310,100 | 265,200 | 414,400 |
| Revenue | US$ in thousands | 5,484,500 | 5,288,400 | 4,624,000 | 4,313,100 | 4,341,400 |
| Pretax margin | 6.19% | 10.05% | 6.71% | 6.15% | 9.55% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $339,400K ÷ $5,484,500K
= 6.19%
The pretax margin of Juniper Networks Inc has fluctuated over the past five years. In 2023, the pretax margin was 6.10%, showing a decrease compared to 10.03% in 2022 and 9.32% in 2019. The pretax margin was also lower than the 6.55% reported in 2021 and 5.97% in 2020. This indicates that in 2023, the company generated $0.061 in pretax profit for every dollar of revenue, reflecting a decrease in profitability compared to previous years. Further analysis of the company's financial performance and operational efficiency is recommended to understand the factors contributing to this trend.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
Juniper Networks Inc
JNPR
6.19%
A10 Network
ATEN
17.40%
Arista Networks
ANET
41.33%
Cisco Systems Inc
CSCO
22.71%
Digi International Inc
DGII
5.39%
Extreme Networks Inc
EXTR
-6.93%
F5 Networks Inc
FFIV
24.64%