Vishay Intertechnology Inc (VSH)
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 | -2,389 | 137,108 | 257,689 | 354,887 | 467,402 | 514,958 | 599,575 | 614,002 | 593,505 | 579,163 | 514,449 | 483,733 | 434,610 | 367,482 | 296,791 | 209,351 | 158,328 | 122,878 | 121,336 | 162,484 |
| Revenue (ttm) | US$ in thousands | 2,937,587 | 3,008,107 | 3,126,407 | 3,277,278 | 3,402,045 | 3,472,107 | 3,543,252 | 3,514,654 | 3,497,401 | 3,485,175 | 3,374,040 | 3,329,648 | 3,240,487 | 3,064,595 | 2,891,092 | 2,653,689 | 2,501,898 | 2,444,295 | 2,432,464 | 2,535,987 |
| Pretax margin | -0.08% | 4.56% | 8.24% | 10.83% | 13.74% | 14.83% | 16.92% | 17.47% | 16.97% | 16.62% | 15.25% | 14.53% | 13.41% | 11.99% | 10.27% | 7.89% | 6.33% | 5.03% | 4.99% | 6.41% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-2,389K ÷ $2,937,587K
= -0.08%
Vishay Intertechnology Inc's pretax margin has shown fluctuations over the provided periods. It started at 6.41% on March 31, 2020, and generally increased, reaching a peak of 17.47% on March 31, 2023. However, there was a decline in the pretax margin thereafter, dropping to 8.24% on June 30, 2024, and decreasing significantly to -0.08% on December 31, 2024.
The pretax margin indicates the company's ability to generate profits before accounting for taxes relative to its revenue. The increasing trend from 2020 to 2023 reflects improving profitability, possibly due to effective cost management or revenue growth. The decline in pretax margin seen in the latter periods could be a result of various factors such as increased operating expenses, lower revenue, or one-time significant expenses impacting the profitability of the company.
It is essential for Vishay Intertechnology Inc to monitor and analyze the factors driving this fluctuation in pretax margin to ensure sustainable profitability and financial health in the long term.
Peer comparison
Dec 31, 2024