Vicor Corporation (VICR)
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 | 10,477 | 60,239 | 28,707 | 56,801 | 18,449 |
| Revenue | US$ in thousands | 370,896 | 413,907 | 400,531 | 719,112 | 594,138 |
| Pretax margin | 2.82% | 14.55% | 7.17% | 7.90% | 3.11% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $10,477K ÷ $370,896K
= 2.82%
The pretax margin of Vicor Corporation has displayed varying levels of profitability over the analyzed period. In December 31, 2020, the pretax margin was 3.11%, indicating that for every dollar of revenue generated, the company retained $0.0311 before taxes. By December 31, 2021, the pretax margin increased to 7.90%, reflecting improved cost management or revenue growth. In the following year, on December 31, 2022, the pretax margin slightly decreased to 7.17%, possibly due to changes in expenses relative to income.
However, in December 31, 2023, Vicor Corporation experienced a substantial rise in pretax margin to 14.55%, suggesting efficient cost control or significant revenue growth contributing to higher profitability. The pretax margin then dropped notably to 2.82% by December 31, 2024, which may indicate challenges in maintaining profitability due to increased costs or a decrease in revenue generation. Overall, the fluctuating trend in pretax margin highlights the importance of consistently monitoring and managing both costs and revenues to sustain profitability in the long term.
Peer comparison
Dec 31, 2024