NXP Semiconductors NV (NXPI)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,320,000 | 3,316,000 | 2,143,000 | -31,000 | 263,000 |
| Revenue | US$ in thousands | 13,276,000 | 13,205,000 | 11,063,000 | 8,612,000 | 8,877,000 |
| Pretax margin | 25.01% | 25.11% | 19.37% | -0.36% | 2.96% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $3,320,000K ÷ $13,276,000K
= 25.01%
The pretax margin of NXP Semiconductors NV has displayed a generally positive trend over the past five years. The company's pretax margin increased from 3.29% in 2019 to 25.20% in 2023, reflecting significant improvement in profitability. The highest pretax margin of 25.46% was recorded in 2022, indicating strong operational efficiency. While there was a slight dip in 2021 to 19.69%, the company managed to rebound and achieve a higher pretax margin in subsequent years.
Overall, NXP Semiconductors NV has demonstrated a consistent ability to generate profits before tax relative to its revenue in recent years, positioning the company favorably in terms of financial performance.
Peer comparison
Dec 31, 2023