Silicon Laboratories Inc (SLAB)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -26,573 | 129,852 | 2,130,830 | -2,071 | 26,249 |
| Revenue | US$ in thousands | 782,258 | 1,024,110 | 720,860 | 510,928 | 473,785 |
| Pretax margin | -3.40% | 12.68% | 295.60% | -0.41% | 5.54% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-26,573K ÷ $782,258K
= -3.40%
Silicon Laboratories Inc's pretax margin has fluctuated significantly over the past five years, ranging from negative figures to triple-digit percentages. The pretax margin was notably high in 2021 at 295.60%, indicating the company's ability to generate significant profits before accounting for taxes. However, this performance was followed by a substantial decline in 2023, with a pretax margin of -3.40%. This negative pretax margin suggests that the company's expenses exceeded its revenues before taking into account tax obligations. Overall, the fluctuating pretax margin trend signifies potential variability in Silicon Laboratories Inc's profitability and operational efficiency over the years.
Peer comparison
Dec 31, 2023