Abercrombie & Fitch Company (ANF)
Pretax margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 768,677 | 728,699 | 768,324 | 724,845 | 725,801 | 589,562 | 448,830 | 342,046 | 235,507 | 229,671 | 230,883 | 210,566 | 190,029 | 98,012 | -1,308 | -28,589 | 53,833 | 158,854 | 235,515 | 316,164 |
| Revenue (ttm) | US$ in thousands | 4,948,590 | 4,816,580 | 5,060,520 | 4,982,980 | 5,018,680 | 4,501,115 | 3,983,550 | 3,763,114 | 3,542,678 | 3,807,143 | 4,071,608 | 4,115,698 | 4,159,788 | 3,765,069 | 3,370,350 | 3,303,028 | 3,584,294 | 3,940,553 | 4,040,622 | 4,133,020 |
| Pretax margin | 15.53% | 15.13% | 15.18% | 14.55% | 14.46% | 13.10% | 11.27% | 9.09% | 6.65% | 6.03% | 5.67% | 5.12% | 4.57% | 2.60% | -0.04% | -0.87% | 1.50% | 4.03% | 5.83% | 7.65% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $768,677K ÷ $4,948,590K
= 15.53%
The pretax margin of Abercrombie & Fitch Company has shown fluctuating trends over the past few years. Starting from January 31, 2022, where the pretax margin was 7.65%, the margin decreased to 5.83% by April 30, 2022, and further dropped to 4.03% by July 30, 2022. This decline continued, with a significant decrease to 1.50% by July 31, 2022.
The company then experienced negative pretax margins for the next few quarters, reaching its lowest point of -0.87% on October 29, 2022, and -0.04% on October 31, 2022. However, there was a notable turnaround in the following quarters, with the pretax margin increasing to 2.60% by January 28, 2023, and further to 4.57% by January 31, 2023.
The positive momentum continued as the pretax margin improved to 5.12% by April 29, 2023, and 5.67% by April 30, 2023. The margin saw steady growth throughout the next few quarters, reaching 15.53% by January 31, 2025. Notably, the company achieved its highest pretax margin of 15.18% on July 31, 2024, showing a strong performance in profitability.
Overall, the analysis indicates that Abercrombie & Fitch Company experienced fluctuations in pretax margin but managed to recover and improve profitability over time, demonstrating resilience and effective financial management.
Peer comparison
Jan 31, 2025