Kulicke and Soffa Industries Inc (KLIC)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -58,355 | 72,201 | 476,988 | 414,456 | 64,298 |
| Revenue | US$ in thousands | 706,232 | 742,491 | 1,503,620 | 1,517,660 | 623,176 |
| Pretax margin | -8.26% | 9.72% | 31.72% | 27.31% | 10.32% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-58,355K ÷ $706,232K
= -8.26%
The pretax margin of Kulicke and Soffa Industries Inc has shown significant fluctuations over the past five years. In 2024, the company experienced a negative pretax margin of -8.26%, indicating that its expenses exceeded its revenues before accounting for taxes. This is a substantial decrease from the previous year's pretax margin of 9.72%.
In 2023, the company demonstrated a positive pretax margin of 9.72%, suggesting an ability to generate profits before taxes, which decreased from 31.72% in 2022. This significant decline in profitability from 2022 to 2023 indicates a potential deterioration in the company's financial performance.
The highest pretax margin observed in the past five years was in 2022 at 31.72%, showcasing a strong performance in generating profits before tax. The pretax margin then decreased to 27.31% in 2021 before dropping further to 10.32% in 2020.
Overall, the pretax margin trend of Kulicke and Soffa Industries Inc fluctuated significantly over the years, with a notable decline in profitability in recent periods. It is essential for the company to closely monitor and manage its expenses and revenue generation to improve its financial performance and sustain profitability.
Peer comparison
Sep 30, 2024