MKS Instruments Inc (MKSI)
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 | 180,000 | -1,928,000 | 433,000 | 665,000 | 423,000 |
| Revenue | US$ in thousands | 3,529,000 | 3,260,000 | 3,377,000 | 2,924,200 | 2,300,900 |
| Pretax margin | 5.10% | -59.14% | 12.82% | 22.74% | 18.38% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $180,000K ÷ $3,529,000K
= 5.10%
The pretax margin of MKS Instruments Inc has exhibited fluctuating trends over the years based on the provided data. As of December 31, 2020, the pretax margin stood at 18.38%, reflecting a reasonable level of profitability before taxes. Subsequently, there was an improvement in performance by the end of December 31, 2021, with the pretax margin increasing to 22.74%, indicating stronger operational efficiency.
However, there was a notable decline in profitability by December 31, 2022, as the pretax margin dropped to 12.82%, suggesting potential challenges or higher costs impacting the company's earnings. The most concerning development occurred by December 31, 2023, when the pretax margin plummeted to -59.14%, signifying significant financial difficulties or exceptional one-time expenses that severely affected the company's profitability.
By the end of December 31, 2024, there was a slight recovery in the pretax margin, which increased to 5.10%. Despite this improvement, the pretax margin remained lower compared to previous years, indicating that MKS Instruments Inc may still be grappling with profitability challenges or facing a competitive market environment.
In conclusion, the fluctuating pretax margin of MKS Instruments Inc suggests varying levels of financial performance and operational efficiency over the years, emphasizing the need for the company to address underlying issues to sustain profitability and enhance long-term stability.
Peer comparison
Dec 31, 2024