Apogee Enterprises Inc (APOG)
Pretax margin
| Mar 2, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | Jun 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 129,253 | 134,070 | 130,386 | 117,364 | 116,621 | 81,809 | 64,315 | 30,079 | 13,868 | -28,687 | 5,908 | 33,094 | 22,611 | 89,994 | 61,104 | 63,326 | 79,750 | 48,488 | 57,279 | 58,839 |
| Revenue (ttm) | US$ in thousands | 2,547,564 | 2,501,973 | 2,557,103 | 2,594,503 | 2,585,810 | 2,517,893 | 2,118,478 | 1,700,683 | 1,312,727 | 1,276,688 | 1,255,080 | 1,248,514 | 1,210,378 | 1,253,972 | 1,279,807 | 1,318,706 | 1,387,439 | 1,396,594 | 1,416,396 | 1,421,471 |
| Pretax margin | 5.07% | 5.36% | 5.10% | 4.52% | 4.51% | 3.25% | 3.04% | 1.77% | 1.06% | -2.25% | 0.47% | 2.65% | 1.87% | 7.18% | 4.77% | 4.80% | 5.75% | 3.47% | 4.04% | 4.14% |
March 2, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $129,253K ÷ $2,547,564K
= 5.07%
The pretax margin of Apogee Enterprises Inc has shown some fluctuations over the past few quarters. The company's pretax margin ranged between -2.25% to 7.18% during the period under consideration.
The highest pretax margin of 7.18% was achieved in November 28, 2020, which indicates that the company was able to generate a higher profit before taxes relative to its net sales during that period. On the other hand, the lowest pretax margin of -2.25% was recorded in November 27, 2021, signifying that the company experienced a loss before taxes when compared to its revenue.
Overall, Apogee Enterprises Inc has maintained positive pretax margins in most quarters, indicating that the company has been able to generate profits before accounting for taxes. However, it is important for the company to monitor and manage its costs effectively to improve margins during periods of lower profitability.