Lattice Semiconductor Corporation (LSCC)

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	36,229	214,856	182,112	97,626	48,456
Revenue	US$ in thousands	509,401	737,154	660,356	515,327	408,120
Pretax margin		7.11%	29.15%	27.58%	18.94%	11.87%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $36,229K ÷ $509,401K
= 7.11%

The pretax margin, which indicates the efficiency of Lattice Semiconductor Corporation in generating profits before accounting for taxes, has exhibited significant fluctuations over the past few years.

From December 31, 2020, to December 31, 2023, the pretax margin demonstrated a positive trend, increasing from 11.87% to 29.15%. This upward trajectory suggests an improvement in the company's operational efficiency and cost management during this period.

However, there was a notable decline in the pretax margin by December 31, 2024, plummeting to 7.11%. This steep drop may indicate challenges or factors impacting the company's profitability, such as increased expenses, lower revenue, or inefficient operations during that specific year.

Overall, while the pretax margin for Lattice Semiconductor Corporation experienced fluctuations, it is crucial to further investigate the causes behind these changes to assess the company's financial health accurately and identify areas for improvement.