KLA-Tencor Corporation (KLAC)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,190,032 | 3,020,495 | 3,119,170 | 3,570,870 | 3,789,109 | 3,963,278 | 4,008,792 | 3,792,654 | 3,488,984 | 3,248,072 | 3,042,604 | 2,643,442 | 2,361,393 | 2,058,637 | 1,533,550 | 1,431,057 | 1,318,471 | 1,144,291 | 1,250,122 | 1,240,908 |
| Revenue (ttm) | US$ in thousands | 9,792,690 | 9,232,070 | 9,316,300 | 9,824,430 | 10,177,080 | 10,400,340 | 10,289,440 | 9,683,830 | 9,048,400 | 8,523,660 | 8,074,250 | 7,410,080 | 6,918,730 | 6,452,850 | 6,073,040 | 5,931,620 | 5,806,410 | 5,605,260 | 5,278,610 | 4,889,060 |
| Pretax margin | 32.58% | 32.72% | 33.48% | 36.35% | 37.23% | 38.11% | 38.96% | 39.16% | 38.56% | 38.11% | 37.68% | 35.67% | 34.13% | 31.90% | 25.25% | 24.13% | 22.71% | 20.41% | 23.68% | 25.38% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,190,032K ÷ $9,792,690K
= 32.58%
The pretax margin of KLA-Tencor Corporation has exhibited fluctuations over the past few quarters. The pretax margin, which represents the percentage of each dollar of revenue that results in pre-tax profit, peaked at 39.16% in September 2022 but has generally been declining since then. The company experienced a significant drop in pretax margin to 22.71% in March 2020, likely due to economic challenges or operational inefficiencies. However, there has been a gradual recovery in the pretax margin since then.
Overall, the pretax margin trend indicates that KLA-Tencor Corporation has been able to maintain relatively healthy profit levels. However, management may need to focus on sustaining or improving profitability to ensure long-term financial stability and growth. Further analysis of operational expenses, revenue trends, and cost-saving measures may provide insights into maintaining or enhancing the pretax margin in the future.
Peer comparison
Jun 30, 2024