BJs Restaurants Inc (BJRI)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 8,265 10,100 -8,308 -19,182 -89,950
Revenue US$ in thousands 1,357,300 1,333,230 1,283,930 1,087,040 778,510
Pretax margin 0.61% 0.76% -0.65% -1.76% -11.55%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $8,265K ÷ $1,357,300K
= 0.61%

The pretax margin of BJs Restaurants Inc has shown a consistent improvement over the past few years. In December 2020, the pretax margin was at -11.55%, indicating a significant loss before taxes. However, by December 2024, the pretax margin had improved to 0.61%, showing a positive trend in the company's profitability before taxes. The company has successfully narrowed down its losses and managed to turn a profit on a pretax basis. This improvement suggests that BJs Restaurants Inc has made effective operational and financial decisions to enhance its overall financial performance.