Berry Global Group Inc (BERY)
Pretax margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 742,000 | 934,000 | 905,000 | 713,000 | 490,000 |
| Revenue | US$ in thousands | 12,663,000 | 14,493,000 | 13,848,000 | 11,695,000 | 8,878,000 |
| Pretax margin | 5.86% | 6.44% | 6.54% | 6.10% | 5.52% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $742,000K ÷ $12,663,000K
= 5.86%
The pretax margin of Berry Global Group Inc has experienced some fluctuations over the past five years. The pretax margin decreased slightly from 6.44% in 2022 to 5.86% in 2023, which suggests a decrease in the company's ability to generate profit before accounting for taxes. However, it is important to note that the pretax margins for both 2022 and 2023 are within a relatively narrow range, indicating stability in the company's profitability despite the slight decrease in 2023. Additionally, compared to the three previous years (2021, 2020, and 2019), the pretax margin in 2023 remains consistent with historical performance. Overall, while there has been a minor decline in 2023, the company's pretax margin has generally remained relatively steady over the past five years.
Peer comparison
Sep 30, 2023