Littelfuse Inc (LFUS)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 151,863 | 328,598 | 443,044 | 341,025 | 161,253 |
| Revenue | US$ in thousands | 2,190,770 | 2,362,660 | 2,513,900 | 2,079,930 | 1,445,700 |
| Pretax margin | 6.93% | 13.91% | 17.62% | 16.40% | 11.15% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $151,863K ÷ $2,190,770K
= 6.93%
Littelfuse Inc's pretax margin has shown varying trends over the past five years. Starting at 11.15% in December 2020, the margin increased steadily to 16.40% by December 2021, indicating improved profitability. The trend continued upwards reaching 17.62% by December 2022, reflecting even stronger profitability.
However, in December 2023, there was a slight dip in the pretax margin to 13.91%, indicating a potential decrease in profitability compared to the previous year. This dip could be a point of concern for stakeholders and may warrant further investigation.
The most significant drop occurred in December 2024, with the pretax margin falling to 6.93%. This sharp decline suggests a substantial decrease in profitability, raising potential red flags regarding the company's financial performance and operational efficiency.
Overall, while Littelfuse Inc has demonstrated periods of strong profitability indicated by higher pretax margins, the recent significant decline in the margin highlights the importance of closely monitoring and analyzing financial ratios to assess the company's performance accurately.
Peer comparison
Dec 31, 2024