Qorvo Inc (QRVO)

Pretax margin

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 65,899 80,190 -12,497 124,518 73,560 -154,967 -113,951 -6,597 124,629 571,111 857,100 962,015 1,181,084 1,220,401 1,160,703 1,008,994 807,380 585,229 544,904 446,892
Revenue (ttm) US$ in thousands 3,718,972 3,790,486 3,948,029 4,005,009 3,769,502 3,461,217 3,130,638 3,185,208 3,569,404 4,102,861 4,473,540 4,570,730 4,645,720 4,552,290 4,533,160 4,338,200 4,015,301 3,730,343 3,504,586 3,250,994
Pretax margin 1.77% 2.12% -0.32% 3.11% 1.95% -4.48% -3.64% -0.21% 3.49% 13.92% 19.16% 21.05% 25.42% 26.81% 25.60% 23.26% 20.11% 15.69% 15.55% 13.75%

March 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $65,899K ÷ $3,718,972K
= 1.77%

Qorvo Inc's pretax margin has shown fluctuations over the past few years. The pretax margin increased steadily from June 2020 to March 2022, reaching a peak of 26.81% in December 2021. However, the pretax margin started declining from June 2022 onwards, dropping to 1.77% as of March 2025.

Overall, Qorvo Inc experienced a period of strong profitability with pretax margins above 20%, but more recently the margins have decreased significantly, potentially indicating challenges in maintaining profitability. It is important for the company to assess the factors contributing to this decline and make strategic decisions to improve profitability in the future.