Lumentum Holdings Inc (LITE)
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 | -405,700 | -323,600 | -264,900 | -190,500 | -102,400 | -19,900 | 58,100 | 154,300 | 235,100 | 226,500 | 450,100 | 479,100 | 463,100 | 449,200 | 244,900 | 204,500 | 174,300 | 138,600 | 7,500 | -32,500 |
| Revenue (ttm) | US$ in thousands | 2,717,600 | 1,391,000 | 1,408,200 | 1,548,200 | 1,739,700 | 1,773,200 | 1,774,200 | 1,706,700 | 1,645,500 | 1,617,600 | 1,645,000 | 1,678,600 | 1,678,000 | 1,654,700 | 1,639,500 | 1,616,400 | 1,617,500 | 1,669,900 | 1,714,900 | 1,648,500 |
| Pretax margin | -14.93% | -23.26% | -18.81% | -12.30% | -5.89% | -1.12% | 3.27% | 9.04% | 14.29% | 14.00% | 27.36% | 28.54% | 27.60% | 27.15% | 14.94% | 12.65% | 10.78% | 8.30% | 0.44% | -1.97% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-405,700K ÷ $2,717,600K
= -14.93%
The pretax margin of Lumentum Holdings Inc has shown fluctuations over the past several quarters. The pretax margin has been negative in recent quarters, indicating that the company's pre-tax profits have been insufficient to cover its operating expenses and interest payments.
The pretax margin was particularly low in the most recent quarter, at -14.93%, which may raise concerns about the company's profitability and operational efficiency. The downward trend in pretax margin from previous quarters may suggest potential challenges or inefficiencies in the company's operations.
It is important for investors and stakeholders to closely monitor Lumentum Holdings Inc's financial performance and management's strategies to improve the pretax margin in order to ensure long-term profitability and sustainability of the business.
Peer comparison
Jun 30, 2024