Silicon Laboratories Inc (SLAB)
Pretax margin
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -154,813 | -214,227 | -173,992 | -105,204 | -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 |
| Revenue (ttm) | US$ in thousands | 584,386 | 504,982 | 542,347 | 641,846 | 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 |
| Pretax margin | -26.49% | -42.42% | -32.08% | -16.39% | -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% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-154,813K ÷ $584,386K
= -26.49%
Silicon Laboratories Inc's pretax margin has exhibited significant fluctuations over the past few years based on the provided data. The pretax margin, a key profitability ratio that reflects the company's operational efficiency in generating profits before taxes, indicates the percentage of revenue that translates into pre-tax earnings.
From March 2020 to June 2021, the company faced negative pretax margins, suggesting challenges in its profitability as expenses exceeded revenues during these periods. However, a drastic improvement was observed from September 2021 onwards, with pretax margins skyrocketing to over 200%, implying a considerable increase in profitability compared to the earlier periods.
Subsequently, the pretax margin showed a declining trend towards the end of 2023 and throughout 2024, with negative percentages indicating that Silicon Laboratories Inc struggled to maintain profitability levels due to potentially higher expenses or lower revenues during these periods.
Overall, the fluctuating pretax margin of Silicon Laboratories Inc underscores the company's varying financial performance and highlights the need for further analysis to understand the underlying reasons for these fluctuations and to assess the company's overall financial health and sustainability.
Peer comparison
Dec 31, 2024