KLA-Tencor Corporation (KLAC)

Pretax margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Earnings before tax but after interest (EBT) US$ in thousands 4,644,450 3,190,030 3,789,190 3,489,240 2,360,450
Revenue US$ in thousands 12,156,200 9,812,250 10,496,100 9,211,880 6,918,730
Pretax margin 38.21% 32.51% 36.10% 37.88% 34.12%

June 30, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $4,644,450K ÷ $12,156,200K
= 38.21%

The pretax margin of KLA-Tencor Corporation has exhibited fluctuations over the observed period from June 30, 2021, through June 30, 2025. As of June 30, 2021, the pretax margin stood at 34.12%, indicating that the company retained approximately 34 cents in profit before taxes for every dollar of revenue. This margin increased significantly by June 30, 2022, reaching 37.88%, reflecting improved operational efficiency or favorable revenue and expense dynamics. However, by June 30, 2023, the pretax margin slightly declined to 36.10%, suggesting a modest compression potentially due to increased costs or competitive pressures.

The downward trend continued into June 30, 2024, with the margin decreasing to 32.51%. This decline signals a period of reduced profitability before taxes, which could be attributable to market challenges, higher operational expenses, or other factors impacting profitability. Despite this dip, the pretax margin demonstrates resilience with an expected rebound to 38.21% by June 30, 2025, marking a significant increase from the 2024 level. This anticipated improvement indicates a strong recovery or strategic adjustments that could enhance profitability margins going forward.

Overall, the pretax margin trend reflects an initial improvement, a subsequent temporary decline, and an expected strong recovery, highlighting the company's ability to adapt to changing operational conditions and market environments over the specified period.


Peer comparison

Jun 30, 2025

Company name
Symbol
Pretax margin
KLA-Tencor Corporation
KLAC
38.21%
Coherent Inc
COHR
1.62%