Apogee Enterprises Inc (APOG)
Pretax margin
| Feb 28, 2025 | Mar 2, 2024 | Feb 29, 2024 | Feb 28, 2023 | Feb 25, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 112,574 | 129,253 | 129,253 | 116,621 | 116,621 |
| Revenue | US$ in thousands | 1,360,990 | 1,416,940 | 1,416,940 | 1,440,700 | 1,440,700 |
| Pretax margin | 8.27% | 9.12% | 9.12% | 8.09% | 8.09% |
February 28, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $112,574K ÷ $1,360,990K
= 8.27%
Apogee Enterprises Inc's pretax margin has shown some variability over the years based on the provided data. In February 2023, the pretax margin stood at 8.09%, and this figure remained consistent in February 2024 as well. There was a notable increase in the pretax margin in February and March 2024, reaching 9.12%. However, the pretax margin slightly decreased to 8.27% in February 2025.
The pretax margin is a significant metric as it indicates the company's efficiency in managing its operating expenses in relation to its total revenue before taxes are deducted. The fluctuations in Apogee Enterprises Inc's pretax margin suggest varying levels of operational efficiency and cost management over the analyzed periods. Further analysis of the company's financial performance and cost structure could provide insights into the factors influencing these changes in pretax margin.