Viavi Solutions Inc (VIAV)

Pretax margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	11,600	60,700	65,100	130,800	114,300
Revenue	US$ in thousands	1,000,400	1,106,100	1,292,400	1,198,900	1,136,300
Pretax margin		1.16%	5.49%	5.04%	10.91%	10.06%

June 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $11,600K ÷ $1,000,400K
= 1.16%

Viavi Solutions Inc's pretax margin has exhibited a downward trend over the past five years. The pretax margin decreased from 10.06% in 2020 to 1.16% in 2024. This indicates that the company's profitability before accounting for tax expenses has declined significantly. A declining pretax margin could be attributed to various factors such as decreasing revenues, increasing operating expenses, or changes in the cost structure. It is important for Viavi Solutions Inc to closely monitor and manage its expenses and revenue generation to improve its pretax margin and overall financial performance in the future.