Silicon Laboratories Inc (SLAB)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands -154,813 -26,573 129,852 2,130,830 -2,071
Revenue US$ in thousands 584,386 782,258 1,024,110 720,860 510,928
Pretax margin -26.49% -3.40% 12.68% 295.60% -0.41%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $-154,813K ÷ $584,386K
= -26.49%

Silicon Laboratories Inc's pretax margin has displayed significant fluctuations over the years. In 2020, the company experienced a negative pretax margin of -0.41%, indicating that expenses exceeded operating profits. However, there was a substantial improvement in 2021, with a pretax margin of 295.60%, suggesting a strong profitability performance.

The pretax margin decreased in 2022 to 12.68%, indicating a decline in profitability compared to the previous year. In 2023, the pretax margin turned negative again, reaching -3.40%, highlighting potential financial challenges or inefficiencies within the company.

The most recent data shows a significant decline in pretax margin in 2024 to -26.49%, signaling a substantial decrease in profitability and potential financial distress. Overall, the fluctuating pretax margin trend suggests varying levels of efficiency in managing expenses and generating operating profits for Silicon Laboratories Inc over the years.