Lumentum Holdings Inc (LITE)
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 | -172,100 | -405,700 | -102,400 | 235,100 | 463,100 |
| Revenue | US$ in thousands | 1,645,000 | 1,359,200 | 1,767,000 | 1,712,600 | 1,742,800 |
| Pretax margin | -10.46% | -29.85% | -5.80% | 13.73% | 26.57% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $-172,100K ÷ $1,645,000K
= -10.46%
The pretax margin of Lumentum Holdings Inc. has exhibited significant fluctuations over the specified period. As of June 30, 2021, the company's pretax margin was 26.57%, indicating a relatively healthy profit before taxes relative to revenue. However, this margin declined markedly by June 30, 2022, to 13.73%, reflecting a substantial reduction in profitability on a pre-tax basis. Moving forward to June 30, 2023, the company experienced a notable deterioration, with the pretax margin turning negative at -5.80%, suggesting that the company incurred pre-tax losses during this period. The margin continued to decline further to -29.85% by June 30, 2024, indicating an increased level of pre-tax losses relative to revenue. Although there was some improvement in the subsequent period, with the pretax margin improving to -10.46% as of June 30, 2025, it remained negative, signifying ongoing challenges in achieving pre-tax profitability. The overall trend from 2021 through 2025 demonstrates a progressive decline in pretax profitability, transitioning from a healthy margin into sustained pre-tax losses, which underscores the company's significant operational and/or market challenges during this timeframe.
Peer comparison
Jun 30, 2025