Buckle Inc (BKE)
Pretax margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 289,215 | 300,028 | 312,779 | 318,741 | 335,056 | 332,297 | 333,398 | 335,086 | 337,755 | 311,837 | 284,576 | 262,408 | 170,947 | 147,089 | 126,358 | 102,110 | 137,707 | 129,223 | 122,441 | 121,886 |
| Revenue (ttm) | US$ in thousands | 1,261,102 | 1,280,525 | 1,309,409 | 1,318,957 | 1,345,187 | 1,324,311 | 1,311,402 | 1,304,546 | 1,294,607 | 1,232,512 | 1,164,085 | 1,084,990 | 901,278 | 853,446 | 826,562 | 814,354 | 900,254 | 893,663 | 884,649 | 881,912 |
| Pretax margin | 22.93% | 23.43% | 23.89% | 24.17% | 24.91% | 25.09% | 25.42% | 25.69% | 26.09% | 25.30% | 24.45% | 24.19% | 18.97% | 17.23% | 15.29% | 12.54% | 15.30% | 14.46% | 13.84% | 13.82% |
February 3, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $289,215K ÷ $1,261,102K
= 22.93%
The pretax margin of Buckle Inc has displayed some fluctuations over the periods provided. The trend shows a general decline from a high of 26.09% in Jan 29, 2022, to a low of 12.54% in May 2, 2020. There was a significant drop in the pretax margin from Jan 30, 2021, to Oct 31, 2021, which may be a cause for concern.
Overall, the pretax margin has been above 20% for the majority of the periods, indicating a healthy operational efficiency in generating profits before accounting for taxes. Management should keep a close eye on the fluctuating trend and ensure strategic decisions are made to maintain or improve the profitability of the company.
Peer comparison
Feb 3, 2024