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.
Peer comparison
Mar 31, 2025