Ultra Clean Holdings Inc (UCTT)

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	56,500	25,700	8,900	-19,800	-20,200	26,200	57,200	41,900	78,200	93,600	112,100	151,800	147,400	122,400	111,300	115,000	96,900	61,600	36,800	12,400
Revenue (ttm)	US$ in thousands	2,097,500	1,978,900	1,873,500	1,778,900	1,734,500	1,856,200	2,056,200	2,243,400	2,374,200	2,422,900	2,341,600	2,248,100	2,101,600	1,856,100	1,665,700	1,495,300	1,398,600	1,315,400	1,206,400	1,127,000
Pretax margin		2.69%	1.30%	0.48%	-1.11%	-1.16%	1.41%	2.78%	1.87%	3.29%	3.86%	4.79%	6.75%	7.01%	6.59%	6.68%	7.69%	6.93%	4.68%	3.05%	1.10%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $56,500K ÷ $2,097,500K
= 2.69%

Ultra Clean Holdings Inc's pretax margin has shown fluctuating trends over the past few years.

From March 31, 2020, to June 30, 2021, the pretax margin demonstrated a consistent increasing trend, indicating improved profitability before taxes during this period. The margin peaked at 7.69% on March 31, 2021, before slightly declining to 6.68% on June 30, 2021.

However, from September 30, 2021, to December 31, 2024, the pretax margin exhibited a more volatile pattern, fluctuating between 1.41% and -1.16%. This variability suggests potential challenges or shifts in the company's operations or financial performance during this period.

The most recent data as of December 31, 2024, shows a modest recovery in the pretax margin to 2.69%, indicating a slight improvement in profitability before taxes. Overall, the pretax margin trend reflects periods of growth followed by periods of instability, highlighting the importance of monitoring the company's financial performance closely.