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.
Peer comparison
Jun 30, 2024