Silicon Laboratories Inc (SLAB)
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 | -25,540 | 86,723 | 108,174 | 118,009 | 129,852 | 100,741 | 2,151,654 | 2,122,296 | 2,103,201 | 2,111,618 | -4,979 | -55,047 | -68,891 | -86,938 | -34,575 | 24,969 | 26,210 | 51,109 | 51,550 | 52,983 |
| Revenue (ttm) | US$ in thousands | 782,258 | 952,738 | 1,018,795 | 1,037,079 | 1,024,106 | 975,461 | 890,475 | 796,817 | 720,860 | 658,009 | 605,909 | 550,767 | 607,787 | 681,396 | 771,959 | 864,318 | 837,554 | 833,650 | 840,599 | 850,996 |
| Pretax margin | -3.26% | 9.10% | 10.62% | 11.38% | 12.68% | 10.33% | 241.63% | 266.35% | 291.76% | 320.91% | -0.82% | -9.99% | -11.33% | -12.76% | -4.48% | 2.89% | 3.13% | 6.13% | 6.13% | 6.23% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-25,540K ÷ $782,258K
= -3.26%
The pretax margin of Silicon Laboratories Inc has shown significant fluctuations over the past several quarters. In the most recent quarter, the pretax margin was -3.26%, indicating that the company incurred a loss before accounting for taxes. This is a decline from the positive pretax margins seen in the previous three quarters, where the margins ranged from 9.10% to 11.38%.
Notably, there were two quarters, in June and March of 2022, where the pretax margin spiked dramatically to 241.63% and 266.35% respectively. These exceptionally high margins may be attributed to unique circumstances or one-time events that inflated the company's profits relative to its expenses in those periods.
Overall, the pretax margin trend for Silicon Laboratories Inc appears to be volatile, with occasional spikes and dips that may require further investigation to understand the underlying causes and implications for the company's financial performance. It is important to monitor future financial reports to assess the company's ability to maintain sustainable profitability.
Peer comparison
Dec 31, 2023