Monolithic Power Systems Inc (MPWR)

Pretax margin

Dec 31, 2024 Sep 30, 2024 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 572,912 522,926 486,475 481,295 505,841 527,051 541,033 558,961 524,888 466,096 392,229 319,092 272,265 234,744 219,247 188,755 169,354 158,337 128,153 120,044
Revenue (ttm) US$ in thousands 2,207,100 2,039,447 1,894,195 1,827,892 1,821,072 1,827,072 1,847,623 1,867,499 1,794,148 1,670,640 1,498,744 1,331,057 1,207,798 1,104,337 1,040,237 933,129 844,452 778,147 687,538 642,692
Pretax margin 25.96% 25.64% 25.68% 26.33% 27.78% 28.85% 29.28% 29.93% 29.26% 27.90% 26.17% 23.97% 22.54% 21.26% 21.08% 20.23% 20.05% 20.35% 18.64% 18.68%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $572,912K ÷ $2,207,100K
= 25.96%

Monolithic Power Systems Inc has shown a consistently strong trend in its pretax margin over the past five years. The company's pretax margin has steadily increased from 18.68% in March 2020 to 25.96% in December 2024.

The pretax margin peaked at 29.93% in March 2023, indicating that the company was able to generate significant profits before accounting for taxes during that period. However, there was a slight decline in the pretax margin in the following quarters, with the metric hovering around the mid to high 20% range.

Overall, Monolithic Power Systems Inc's pretax margin demonstrates the company's ability to efficiently manage its operating expenses and generate profits, showcasing a positive financial performance and profitability.