Albertsons Companies (ACI)
Pretax margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,129,700 | 1,226,300 | 1,267,700 | 1,415,600 | 1,589,000 | 1,625,700 | 1,665,600 | 1,791,300 | 1,935,500 | 2,187,800 | 2,214,300 | 2,149,700 | 2,099,500 | 1,287,400 | 917,700 | 917,900 | 1,128,700 | 1,427,100 | 1,341,600 | 1,322,600 |
| Revenue (ttm) | US$ in thousands | 80,390,900 | 79,930,900 | 79,713,700 | 79,452,900 | 79,237,700 | 79,163,300 | 78,760,900 | 78,389,600 | 77,649,700 | 76,768,100 | 75,341,600 | 73,927,900 | 71,887,000 | 70,275,800 | 68,956,300 | 68,208,200 | 69,690,400 | 69,354,900 | 68,049,200 | 66,468,300 |
| Pretax margin | 1.41% | 1.53% | 1.59% | 1.78% | 2.01% | 2.05% | 2.11% | 2.29% | 2.49% | 2.85% | 2.94% | 2.91% | 2.92% | 1.83% | 1.33% | 1.35% | 1.62% | 2.06% | 1.97% | 1.99% |
February 28, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,129,700K ÷ $80,390,900K
= 1.41%
The pretax margin of Albertsons Companies has demonstrated a relatively stable yet gradually declining trend over the analyzed period. Starting at 1.99% as of May 31, 2020, the margin experienced slight fluctuations but remained within a narrow range during the subsequent quarters of 2020, with values close to 2%, reaching a peak of 2.06% on November 30, 2020. In early 2021, the pretax margin declined more notably, reaching a low of 1.35% by May 31, 2021, indicating a reduction in profitability before stabilizing somewhat in the latter part of the year.
Throughout 2022, the pretax margin exhibited an upward trend, peaking at 2.94% on August 31, 2022, which represents the highest point in the period under review. In the subsequent quarters of 2023, a gradual decline resumed, with the margin decreasing to approximately 2.05% as of November 30, 2023. The trend continued into 2024 and early 2025, with the margin further declining to around 1.41% by February 28, 2025.
Overall, the data indicates that while Albertsons’ pretax margin has remained relatively modest and within a low single-digit range, it has experienced periods of both slight increases and decreases, with a general downward trend over the longer term. This decline could reflect pressures such as increased costs, competitive market dynamics, or operational challenges impacting profitability before taxes.
Peer comparison
Feb 28, 2025