Lam Research Corp (LRCX)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 4,360,220 | 5,109,210 | 5,193,110 | 4,370,800 | 2,574,980 |
| Revenue | US$ in thousands | 14,900,500 | 17,235,000 | 17,041,600 | 14,410,600 | 9,863,980 |
| Pretax margin | 29.26% | 29.64% | 30.47% | 30.33% | 26.10% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $4,360,220K ÷ $14,900,500K
= 29.26%
The pretax margin of Lam Research Corp has exhibited a generally stable trend over the past five years, ranging from 26.10% in June 2020 to 30.47% in June 2022. The company's ability to generate pretax profits as a percentage of its total revenue has been consistently strong, with margins consistently above 26%. In the most recent period, ending June 30, 2024, the pretax margin stood at 29.26%, showing a slight decrease compared to the prior year but remaining at a healthy level. Overall, the company has demonstrated efficiency in managing costs and generating profits before taxes, indicating a solid financial performance.
Peer comparison
Jun 30, 2024