Academy Sports Outdoors Inc (ASO)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 663,156 | 818,320 | 859,540 | 339,120 |
| Revenue | US$ in thousands | 6,112,570 | 6,347,110 | 6,722,420 | 5,607,060 |
| Pretax margin | 10.85% | 12.89% | 12.79% | 6.05% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $663,156K ÷ $6,112,570K
= 10.85%
The pretax margin of Academy Sports Outdoors Inc has exhibited some variability over the past four years. In FY 2024, the pretax margin decreased to 10.85% from 12.89% in FY 2023. This decline indicates that the company's profitability before taxes decreased during the most recent fiscal year. However, when compared to FY 2022, the pretax margin remained relatively stable at around 12.79%. It is noteworthy that there was a significant improvement in FY 2021 when the pretax margin increased to 6.05% from the previous year.
Overall, while the pretax margin fluctuated slightly in the last four years, the company's ability to generate profits before taxes has generally been positive, with a notable dip in FY 2024. This trend suggests some level of efficiency in managing operating expenses and generating revenue. Monitoring and analyzing the factors that contributed to the fluctuations in pretax margin can provide further insights into the financial performance and operational effectiveness of Academy Sports Outdoors Inc.
Peer comparison
Feb 3, 2024