Bloomin Brands Inc (BLMN)
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 | -58,807 | 272,975 | 151,907 | 249,297 | -239,521 |
| Revenue | US$ in thousands | 3,950,480 | 4,671,470 | 4,416,510 | 4,122,380 | 3,170,560 |
| Pretax margin | -1.49% | 5.84% | 3.44% | 6.05% | -7.55% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-58,807K ÷ $3,950,480K
= -1.49%
The pretax margin of Bloomin Brands Inc has shown varied performance over the years based on the provided data. In December 31, 2020, the company reported a negative pretax margin of -7.55%, indicating that its expenses exceeded its earnings before taxes. Subsequently, there was a significant improvement in the pretax margin to 6.05% by December 31, 2021, suggesting better cost management and higher profitability.
However, the pretax margin dipped to 3.44% by December 31, 2022, indicating a slight decrease in profitability. It then recovered to 5.84% by December 31, 2023, signaling a positive trend in earnings before taxes. Nevertheless, there was a decline in pretax margin to -1.49% by December 31, 2024, implying that the company incurred losses before tax during that period.
Overall, Bloomin Brands Inc's pretax margin has displayed fluctuating outcomes, reflecting varying levels of profitability and cost efficiencies in the years analyzed. Further analysis of the underlying factors contributing to these fluctuations may provide more insights into the company's financial performance.
Peer comparison
Dec 31, 2024