Synopsys Inc (SNPS)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,363,100 | 1,313,540 | 1,121,670 | 806,671 | 639,059 |
| Revenue | US$ in thousands | 6,127,440 | 5,842,620 | 5,081,540 | 4,204,190 | 3,685,280 |
| Pretax margin | 38.57% | 22.48% | 22.07% | 19.19% | 17.34% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,363,100K ÷ $6,127,440K
= 38.57%
Synopsys Inc's pretax margin has shown a positive trend over the past five years, indicating an improvement in the company's profitability before taxes. The pretax margin increased from 17.34% in Oct 31, 2020, to 38.57% in Oct 31, 2024. This significant rise suggests that Synopsys Inc has been effectively managing its expenses and generating higher revenues relative to its operating costs. The consistent growth in pretax margin reflects the company's ability to efficiently generate profits at an increasing rate, which is a positive indicator of its financial performance. Overall, the upward trajectory of Synopsys Inc's pretax margin demonstrates strong operational efficiency and financial management by the company.
Peer comparison
Oct 31, 2024