GLOBALFOUNDRIES (GLOBALFOUNDRIES) Pre-Tax Income

: $1,534 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. GLOBALFOUNDRIES's pretax income for the three months ended in Dec. 2023 was $299 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,534 Mil. GLOBALFOUNDRIES's pretax margin was 16.13%.

During the past 6 years, GLOBALFOUNDRIES's highest Pretax Margin was 20.75%. The lowest was -42.12%. And the median was -11.20%.

GLOBALFOUNDRIES Pre-Tax Income Historical Data

The historical data trend for GLOBALFOUNDRIES's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GLOBALFOUNDRIES Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-1,147.13

-1,365.00

-176.00

1,532.00

1,084.00

GLOBALFOUNDRIES Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income													676.00	727.00	265.00	243.00	299.00

Competitive Comparison

For the Semiconductors subindustry, GLOBALFOUNDRIES's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GLOBALFOUNDRIES Pre-Tax Income Distribution

For the Semiconductors industry and Technology sector, GLOBALFOUNDRIES's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where GLOBALFOUNDRIES's Pre-Tax Income falls into.

GLOBALFOUNDRIES Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

GLOBALFOUNDRIES's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1200	+	-128	+	0	+	0	+	12
	=	1,084

GLOBALFOUNDRIES's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	333	+	-42	+	0	+	0	+	8
	=	299

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,534 Mil.

GLOBALFOUNDRIES (NAS:GFS) Pre-Tax Income Explanation

GLOBALFOUNDRIES's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	299	/	1854
	=	16.13%

During the past 6 years, GLOBALFOUNDRIES's highest Pretax Margin was 20.75%. The lowest was -42.12%. And the median was -11.20%.

GLOBALFOUNDRIES Pre-Tax Income Related Terms

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GLOBALFOUNDRIES (GLOBALFOUNDRIES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GLOBALFOUNDRIES Inc (NAS:GFS) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

GFS:Mexico 76J:Germany

Address

400 Stonebreak Road Extension, Malta, NY, USA, 12020

Website

https://www.gf.com

GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and employs about 14,000 people.