Ultra Clean Holdings Inc (UCTT)
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 | 56,400 | -20,200 | 78,300 | 147,400 | 96,900 |
| Revenue | US$ in thousands | 2,097,600 | 1,734,500 | 2,374,300 | 2,101,600 | 1,398,600 |
| Pretax margin | 2.69% | -1.16% | 3.30% | 7.01% | 6.93% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $56,400K ÷ $2,097,600K
= 2.69%
Ultra Clean Holdings Inc's pretax margin has fluctuated over the past five years. It was at 6.93% in December 2020 and slightly increased to 7.01% by December 2021, indicating a modest improvement. However, in December 2022, there was a significant decline to 3.30%, possibly signaling challenges in profitability. The trend worsened in December 2023, with the pretax margin turning negative at -1.16%, indicating potential financial difficulties. The company managed to rebound slightly in December 2024, achieving a pretax margin of 2.69%.
Overall, the pretax margin trend for Ultra Clean Holdings Inc shows variability and potential areas of concern in maintaining or improving profitability. It would be essential for the company to address the decreasing margins and aim for sustainable growth in the upcoming periods.
Peer comparison
Dec 31, 2024