Semtech Corporation (SMTC)
Pretax margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -183,900 | -1,041,560 | -1,041,510 | 78,467 | 78,724 |
| Revenue | US$ in thousands | 909,287 | 868,758 | 772,240 | 756,533 | 763,171 |
| Pretax margin | -20.22% | -119.89% | -134.87% | 10.37% | 10.32% |
January 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $-183,900K ÷ $909,287K
= -20.22%
The pretax margin of Semtech Corporation has exhibited fluctuations over the analyzed period. For January 29, 2023, the pretax margin stood at 10.32%, showing the company's ability to generate profits before accounting for taxes. This figure slightly increased to 10.37% by January 31, 2023, indicating a sustained level of profitability.
However, the pretax margin took a significant downturn on January 28, 2024, plummeting to -134.87%. This negative value suggests that the company incurred substantial losses before tax during that period. The situation improved slightly by January 31, 2024, but the pretax margin remained negative at -119.89%, indicating ongoing financial challenges.
By January 31, 2025, the pretax margin had improved, although it still remained in the negative territory at -20.22%. This suggests that Semtech Corporation is working towards enhancing its profitability but continues to face operational hurdles impacting its pre-tax earnings. Overall, the trend of negative pretax margins highlights the company's struggle to maintain profitability and efficiency in its operations.
Peer comparison
Jan 31, 2025