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Synopsys (FRA:SYP) Pretax Margin % : 28.20% (As of Jan. 2024)


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What is Synopsys Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Synopsys's Pre-Tax Income for the three months ended in Jan. 2024 was €427 Mil. Synopsys's Revenue for the three months ended in Jan. 2024 was €1,514 Mil. Therefore, Synopsys's pretax margin for the quarter that ended in Jan. 2024 was 28.20%.

The historical rank and industry rank for Synopsys's Pretax Margin % or its related term are showing as below:

FRA:SYP' s Pretax Margin % Range Over the Past 10 Years
Min: 11.65   Med: 15.15   Max: 24.27
Current: 24.27


FRA:SYP's Pretax Margin % is ranked better than
91.49% of 2760 companies
in the Software industry
Industry Median: 2.24 vs FRA:SYP: 24.27

Synopsys Pretax Margin % Historical Data

The historical data trend for Synopsys's Pretax Margin % 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.

* Premium members only.

Synopsys Pretax Margin % Chart

Synopsys Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.23 17.32 19.16 21.95 22.28

Synopsys Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.51 20.90 21.60 25.62 28.20

Competitive Comparison of Synopsys's Pretax Margin %

For the Software - Infrastructure subindustry, Synopsys's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Synopsys's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Synopsys's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Synopsys's Pretax Margin % falls into.



Synopsys Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Synopsys's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=1232.788/5532.96
=22.28 %

Synopsys's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=426.965/1513.993
=28.20 %

* 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.


Synopsys  (FRA:SYP) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Synopsys Pretax Margin % Related Terms

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Synopsys (FRA:SYP) Business Description

Address
675 Almanor Avenue, Sunnyvale, CA, USA, 94085
Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

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