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