NVIDIA Corporation (NVDA)
Pretax margin
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 33,818,000 | 4,181,000 | 9,941,000 | 4,409,000 | 2,970,000 |
| Revenue | US$ in thousands | 60,922,000 | 26,974,000 | 26,914,000 | 16,675,000 | 10,918,000 |
| Pretax margin | 55.51% | 15.50% | 36.94% | 26.44% | 27.20% |
January 28, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $33,818,000K ÷ $60,922,000K
= 55.51%
NVIDIA Corp's pretax margin has displayed significant fluctuations over the past five years. The pretax margin stood at 55.51% as of January 28, 2024, reflecting a substantial increase compared to the previous year's 15.50%. This surge indicates a notable improvement in the company's ability to generate profits before accounting for taxes.
Looking back further, the pretax margin was at 36.94% on January 30, 2022, higher than the 26.44% recorded on January 31, 2021. This demonstrates a positive trend in profitability, albeit with some variability. Previously, on January 26, 2020, the pretax margin was slightly higher at 27.20%.
The recent surge in pretax margin suggests that NVIDIA has been effectively managing its costs and improving operational efficiency to boost profitability. However, it is essential to monitor future performance to assess the sustainability of this upward trend.
Peer comparison
Jan 28, 2024