Apogee Enterprises Inc (APOG)
Pretax margin
| Mar 2, 2024 | Feb 25, 2023 | Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 129,253 | 116,621 | 13,869 | 22,611 | 79,750 |
| Revenue | US$ in thousands | 1,416,940 | 1,440,700 | 1,313,980 | 1,230,770 | 1,387,440 |
| Pretax margin | 9.12% | 8.09% | 1.06% | 1.84% | 5.75% |
March 2, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $129,253K ÷ $1,416,940K
= 9.12%
The pretax margin of Apogee Enterprises Inc has shown variability over the past five years, ranging from as low as 1.06% in February 2022 to as high as 9.12% in March 2024. The pretax margin indicates the company's efficiency in generating profits before accounting for taxes.
The increasing trend in the pretax margin from 1.06% in February 2022 to 9.12% in March 2024 is a positive sign of improved profitability. This improvement suggests that Apogee Enterprises Inc has been able to effectively control its costs and expenses relative to its revenue during this period.
The fluctuation in pretax margin can be further analyzed by looking into the company's operational efficiency, cost management strategies, pricing strategies, and revenue growth over the years. It is important for investors and stakeholders to monitor this metric closely as it provides insights into the company's overall financial health and performance.