Skyworks Solutions Inc (SWKS)
Pretax margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 636,400 | 1,078,800 | 1,476,600 | 1,598,700 | 891,700 |
Revenue | US$ in thousands | 4,178,000 | 4,772,400 | 5,437,600 | 5,095,700 | 3,355,700 |
Pretax margin | 15.23% | 22.60% | 27.16% | 31.37% | 26.57% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $636,400K ÷ $4,178,000K
= 15.23%
The pretax margin of Skyworks Solutions Inc has shown a decreasing trend over the past five fiscal years, declining from 31.37% in 2021 to 15.23% in 2024. This indicates that the company's profitability before taxes has been gradually eroding. Factors contributing to this decline may include increasing costs, pricing pressures, or changes in revenue composition. Skyworks Solutions Inc may need to address these challenges to improve its pretax margin in the future and enhance overall financial performance.
Peer comparison
Sep 30, 2024
Company name
Symbol
Pretax margin
Skyworks Solutions Inc
SWKS
15.23%
ADEIA CORP
ADEA
20.57%
Advanced Micro Devices Inc
AMD
2.22%
Allegro Microsystems Inc
ALGM
18.65%
Alpha and Omega Semiconductor Ltd
AOSL
-1.13%
Amkor Technology Inc
AMKR
6.82%
Analog Devices Inc
ADI
18.83%
Applied Materials Inc
AMAT
30.00%
Broadcom Inc
AVGO
42.15%
CEVA Inc
CEVA
-1.69%
Cirrus Logic Inc
CRUS
20.35%