Buckle Inc (BKE)

Pretax margin

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Earnings before tax but after interest (EBT) US$ in thousands 289,215 335,056 337,755 170,947 137,707
Revenue US$ in thousands 1,261,100 1,345,190 1,294,610 901,278 900,254
Pretax margin 22.93% 24.91% 26.09% 18.97% 15.30%

February 3, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $289,215K ÷ $1,261,100K
= 22.93%

Buckle Inc's pretax margin has demonstrated fluctuations over the past five years. The pretax margin was highest in fiscal year 2022 at 26.09% and lowest in fiscal year 2020 at 15.30%. The downward trend from 26.09% in 2022 to 22.93% in 2024 indicates a decrease in profitability before taxes. While the pretax margin has fluctuated, it generally remained above 15%, suggesting a consistent ability to generate income relative to total revenues. Further analysis would be needed to understand the factors driving these fluctuations and to assess the company's overall financial performance.