Power Integrations Inc (POWI)
Pretax margin
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 45,907 | 65,353 | 93,875 | 139,296 | 183,426 | 206,154 | 202,580 | 186,953 | 176,135 | 160,087 | 129,907 | 99,163 | 75,251 | 232,389 | 235,347 | 232,012 | 222,414 | 46,259 | 46,806 | 52,240 |
Revenue (ttm) | US$ in thousands | 444,538 | 479,801 | 514,523 | 575,286 | 651,138 | 699,022 | 715,565 | 711,689 | 703,277 | 681,316 | 625,669 | 552,391 | 488,318 | 452,082 | 445,112 | 441,145 | 420,669 | 399,519 | 395,445 | 402,062 |
Pretax margin | 10.33% | 13.62% | 18.25% | 24.21% | 28.17% | 29.49% | 28.31% | 26.27% | 25.04% | 23.50% | 20.76% | 17.95% | 15.41% | 51.40% | 52.87% | 52.59% | 52.87% | 11.58% | 11.84% | 12.99% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $45,907K ÷ $444,538K
= 10.33%
The pretax margin of Power Integrations Inc. has been showing a decreasing trend over the past eight quarters, starting at 26.27% in Q1 2022 and dropping to 10.33% in Q4 2023. This indicates that the company's profitability before taxes has been declining over time. The downward trajectory suggests potential challenges in managing costs and generating revenue efficiently. Further analysis would be needed to identify the specific factors contributing to this decline and to develop strategies to improve the company's financial performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
Power Integrations Inc
POWI
10.33%
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ADEA
20.57%
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