Teradyne Inc (TER)
Pretax margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 609,086 | 591,095 | 576,391 | 501,390 | 525,572 | 581,003 | 662,920 | 757,110 | 840,385 | 908,328 | 979,886 | 1,125,320 | 1,168,954 | 1,128,699 | 1,094,675 | 927,940 | 901,016 | 841,977 | 729,979 | 643,865 |
| Revenue (ttm) | US$ in thousands | 2,817,600 | 2,735,316 | 2,697,790 | 2,651,934 | 2,670,386 | 2,731,622 | 2,858,923 | 3,015,666 | 3,155,045 | 3,308,256 | 3,431,684 | 3,676,648 | 3,702,884 | 3,576,805 | 3,445,788 | 3,198,719 | 3,121,468 | 3,017,150 | 2,779,704 | 2,505,221 |
| Pretax margin | 21.62% | 21.61% | 21.37% | 18.91% | 19.68% | 21.27% | 23.19% | 25.11% | 26.64% | 27.46% | 28.55% | 30.61% | 31.57% | 31.56% | 31.77% | 29.01% | 28.87% | 27.91% | 26.26% | 25.70% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $609,086K ÷ $2,817,600K
= 21.62%
Teradyne Inc's pretax margin has shown fluctuations over the years based on the provided data. The pretax margin is a measure of a company's profitability before taxes are deducted, indicating how efficiently the company is generating profits from its operations.
From March 31, 2020, to December 31, 2024, Teradyne Inc's pretax margin varied, starting at 25.70% and reaching a peak of 31.77% on June 30, 2021. The trend then started to decline, hitting a low of 18.91% on March 31, 2024, before stabilizing around 21-22% in the subsequent quarters.
These fluctuations in Teradyne Inc's pretax margin may be due to various factors such as changes in revenue, operating expenses, cost of goods sold, or other one-time events impacting profitability. It is important for investors and analysts to closely monitor these changes to assess the company's financial health and performance over time.
Peer comparison
Dec 31, 2024