Aramark Holdings (ARMK)

Pretax margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	365,494	851,722	255,945	-131,466	-647,813
Revenue	US$ in thousands	17,425,800	19,257,800	15,941,600	11,818,400	12,437,600
Pretax margin		2.10%	4.42%	1.61%	-1.11%	-5.21%

September 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $365,494K ÷ $17,425,800K
= 2.10%

The pretax margin of Aramark Holdings has fluctuated over the past five years. In fiscal year 2020, the company reported a negative pretax margin of -5.21%, indicating that its expenses exceeded its revenues before accounting for taxes. However, there has been a notable improvement in the company's profitability, with the pretax margin increasing to 2.10% in fiscal year 2024. This suggests that Aramark Holdings has been able to manage its costs more effectively and generate higher profits relative to its revenues in recent years. Despite some variability in the pretax margin, the positive trend indicates enhanced financial performance and potentially improved operational efficiency within the organization.