Texas Instruments Incorporated (TXN)
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 | 5,453,000 | 7,418,000 | 10,032,000 | 8,919,000 | 6,017,000 |
| Revenue | US$ in thousands | 15,641,000 | 17,519,000 | 20,028,000 | 18,344,000 | 14,461,000 |
| Pretax margin | 34.86% | 42.34% | 50.09% | 48.62% | 41.61% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $5,453,000K ÷ $15,641,000K
= 34.86%
Texas Instruments Incorporated has shown a consistent growth in its pretax margin over the years, starting at 41.61% in December 2020 and gradually increasing to 48.62% in December 2021, 50.09% in December 2022. However, there was a slight dip in the pretax margin to 42.34% in December 2023, followed by a more notable decrease to 34.86% by December 2024. Overall, the pretax margin trend reflects strong profitability performance, with a peak in 2022, but a subsequent decline in the following years. This indicates fluctuations in the company's ability to generate operating income before taxes as a percentage of its total revenue.
Peer comparison
Dec 31, 2024