Super Micro Computer Inc (SMCI)
Pretax margin
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 750,664 | 338,039 | 118,801 | 87,230 | 86,802 |
| Revenue | US$ in thousands | 7,123,480 | 5,196,100 | 3,557,420 | 3,339,280 | 3,500,360 |
| Pretax margin | 10.54% | 6.51% | 3.34% | 2.61% | 2.48% |
June 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $750,664K ÷ $7,123,480K
= 10.54%
Super Micro Computer Inc's pretax margin has shown a positive trend over the past five years, reflecting the company's improving operational efficiency and profitability. In the most recent fiscal year (ending June 30, 2023), the pretax margin stands at 10.54%, a significant increase from 6.51% in the prior year.
This improvement indicates that the company has been able to effectively control its operating expenses and generate higher profitability from its core business operations, thereby boosting its bottom line. The upward trend in pretax margin demonstrates management's success in optimizing the company's cost structure and increasing the efficiency of its operations.
Furthermore, the consistent growth in pretax margin from 2.48% in 2019 to 10.54% in 2023 reflects Super Micro Computer Inc's ability to create value for its shareholders by delivering stronger profitability over time. This trend may signal to investors and stakeholders that the company is on a positive trajectory in terms of financial performance and management effectiveness.
Overall, the upward movement of Super Micro Computer Inc's pretax margin indicates a strengthening financial position and improving operational effectiveness, which may contribute to enhanced investor confidence and sustainable long-term growth prospects.
Peer comparison
Jun 30, 2023