Teradyne Inc (TER)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 609,086 | 525,572 | 840,385 | 1,168,960 | 901,015 |
| Revenue | US$ in thousands | 2,819,880 | 2,676,300 | 3,155,040 | 3,702,880 | 3,121,470 |
| Pretax margin | 21.60% | 19.64% | 26.64% | 31.57% | 28.87% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $609,086K ÷ $2,819,880K
= 21.60%
The pretax margin of Teradyne Inc has shown variability over the past five years. It stood at 28.87% on December 31, 2020, increased to 31.57% by December 31, 2021, but then decreased to 26.64% by December 31, 2022. Subsequently, there was a notable decline to 19.64% by December 31, 2023, before a slight recovery to 21.60% by December 31, 2024. This fluctuation in pretax margin may be indicative of shifting operational efficiency, cost management strategies, or changes in revenue streams within the company. Further examination of the company's financial and operational performance would be necessary to determine the underlying factors driving these fluctuations in pretax margin.
Peer comparison
Dec 31, 2024