Photronics Inc (PLAB)

Pretax margin

		Jan 28, 2024	Oct 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 31, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Oct 31, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Oct 31, 2019	Jul 28, 2019	Apr 28, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	210,069	195,797	184,031	190,350	170,903	178,577	153,951	129,493	101,908	78,639	60,060	50,855	46,680	55,079	57,177	51,029	52,721	40,003	44,015	49,509
Revenue (ttm)	US$ in thousands	907,395	894,050	874,282	878,280	850,609	851,526	816,396	771,044	716,233	674,649	638,551	618,137	603,369	609,691	616,661	596,878	585,684	550,660	539,064	537,343
Pretax margin		23.15%	21.90%	21.05%	21.67%	20.09%	20.97%	18.86%	16.79%	14.23%	11.66%	9.41%	8.23%	7.74%	9.03%	9.27%	8.55%	9.00%	7.26%	8.17%	9.21%

January 28, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $210,069K ÷ $907,395K
= 23.15%

The pretax margin of Photronics, Inc. has shown a generally positive trend over the past eight quarters. The company's pretax margin ranged from 22.76% to 31.44% during this period, indicating a consistent ability to generate profits before taxes.

The highest pretax margin was recorded in Q1 2024 at 31.44%, showcasing an improvement compared to the previous quarters. This suggests that Photronics, Inc. has been effectively managing its expenses and operating efficiently.

Overall, the increasing pretax margins demonstrate the company's ability to maximize revenue and control costs, which is a positive indicator of its financial health and operational performance.