Bellring Brands LLC (BRBR)
Pretax margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 220,400 | 111,900 | 36,400 | 32,700 |
| Revenue | US$ in thousands | 1,666,800 | 1,371,500 | 1,247,100 | 988,300 |
| Pretax margin | 13.22% | 8.16% | 2.92% | 3.31% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $220,400K ÷ $1,666,800K
= 13.22%
The pretax margin of Bellring Brands Inc has shown fluctuation over the past five years. In 2019, the pretax margin stood at a relatively high 19.02%, but experienced a decline in subsequent years. However, there was an increase in 2020 to 11.06% before dropping again in 2021 to 9.88%. The pretax margin saw a significant improvement in 2022, reaching 10.62%, and continued to rise to 13.22% in 2023. This indicates that the company's ability to generate profits before accounting for taxes has varied over the years, with recent improvements suggesting potentially positive developments in the company's financial performance.
Peer comparison
Sep 30, 2023