Buckle Inc (BKE)
Pretax margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 257,777 | 289,215 | 289,215 | 335,056 | 335,056 |
| Revenue | US$ in thousands | 1,217,690 | 1,261,100 | 1,261,100 | 1,345,190 | 1,345,190 |
| Pretax margin | 21.17% | 22.93% | 22.93% | 24.91% | 24.91% |
January 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $257,777K ÷ $1,217,690K
= 21.17%
The pretax margin of Buckle Inc, a key profitability metric, has shown a declining trend over the years. In January 2023 and February 2024, the pretax margin stood at 24.91%, indicating a healthy level of profitability. However, by January 2025, the pretax margin dropped to 21.17%, reflecting a decrease in the company's ability to generate profits before taxes relative to its revenue. This downward trajectory may suggest various factors impacting the company's financial performance, such as changes in costs, pricing strategies, or operational efficiency. It is crucial for Buckle Inc to closely monitor and address the underlying reasons for this decline to sustain and improve its profitability in the future.
Peer comparison
Jan 31, 2025