Skyworks Solutions Inc (SWKS)

Pretax margin

		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	Dec 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	636,400	824,200	912,900	979,800	1,078,800	1,204,800	1,296,800	1,391,100	1,476,500	1,420,500	1,442,600	1,464,000	1,598,800	1,548,700	1,356,500	1,184,000	891,800	859,700	877,600	915,900
Revenue (ttm)	US$ in thousands	4,178,000	4,371,800	4,537,500	4,644,600	4,772,400	4,912,600	5,074,000	5,256,500	5,437,600	5,376,100	5,259,900	5,096,100	5,095,700	4,755,000	4,375,400	3,969,700	3,355,800	3,226,400	3,256,600	3,300,900
Pretax margin		15.23%	18.85%	20.12%	21.10%	22.60%	24.52%	25.56%	26.46%	27.15%	26.42%	27.43%	28.73%	31.38%	32.57%	31.00%	29.83%	26.57%	26.65%	26.95%	27.75%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $636,400K ÷ $4,178,000K
= 15.23%

The pretax margin of Skyworks Solutions Inc has exhibited fluctuations over the historical period. The pretax margin measures the company's ability to generate profit before accounting for taxes relative to its total revenue.

From December 2019 to September 2024, the pretax margin generally showed a positive trend, with some fluctuations between periods. The pretax margin experienced a peak in March 2022 at 28.73%, before reaching another high in June 2021 at 32.57%. However, in more recent periods, the pretax margin has shown some decline, with a slight decrease from 2019 to 2020 and further decrease from 2022 to 2024.

Overall, the pretax margin of Skyworks Solutions Inc has demonstrated some variability but has generally remained at healthy levels, indicating the company's efficiency in managing costs and generating profits before tax expenses. The recent decline in the pretax margin might warrant further investigation to understand the factors driving this trend and assess the company's profitability prospects in the future.