American Woodmark Corporation (AMWD)
Pretax margin
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 151,968 | 155,200 | 146,388 | 144,390 | 122,686 | 101,925 | 15,725 | -20,428 | -42,979 | -57,074 | 34,285 | 63,019 | 80,693 | 94,994 | 100,180 | 105,474 | 112,404 | 127,728 | 123,159 | 119,360 |
| Revenue (ttm) | US$ in thousands | 1,848,918 | 1,882,647 | 1,938,887 | 2,024,050 | 2,066,902 | 2,081,573 | 2,062,231 | 1,955,957 | 1,857,937 | 1,835,933 | 1,805,073 | 1,796,872 | 1,738,985 | 1,640,397 | 1,634,769 | 1,611,322 | 1,635,965 | 1,631,214 | 1,635,512 | 1,645,319 |
| Pretax margin | 8.22% | 8.24% | 7.55% | 7.13% | 5.94% | 4.90% | 0.76% | -1.04% | -2.31% | -3.11% | 1.90% | 3.51% | 4.64% | 5.79% | 6.13% | 6.55% | 6.87% | 7.83% | 7.53% | 7.25% |
April 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $151,968K ÷ $1,848,918K
= 8.22%
The pretax margin of American Woodmark Corporation has shown a varying trend over the past few years. From October 2019 to April 2020, the pretax margin was relatively stable, hovering around 6-7%. However, there was a significant drop in the pretax margin in July 2020, reaching 6.13%. This decline continued until April 2021, when the pretax margin hit its lowest point at 4.64%.
From April 2021 onwards, the pretax margin started to recover steadily and even surpassed pre-decline levels by January 2022. The trend continued positively until October 2023, with the pretax margin peaking at 7.55%. However, there was a slight dip in the pretax margin in April 2024 to 8.22%.
Overall, despite some fluctuations, the trend in the pretax margin of American Woodmark Corporation has shown resilience and improvement in recent periods, indicating the company's ability to manage its costs and generate profits before taxes efficiently.