Burlington Stores Inc (BURL)
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 | 465,773 | 307,509 | 545,298 | -437,623 | 580,525 |
| Revenue | US$ in thousands | 9,727,470 | 8,702,600 | 9,322,260 | 5,763,980 | 7,286,400 |
| Pretax margin | 4.79% | 3.53% | 5.85% | -7.59% | 7.97% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $465,773K ÷ $9,727,470K
= 4.79%
Burlington Stores Inc's pretax margin has shown some fluctuation in recent years. The company's pretax margin was 4.79% in fiscal year 2024, which was an improvement compared to the previous year's 3.53%. However, it is worth noting that the pretax margin was significantly higher at 5.85% in fiscal year 2022.
The pretax margin in fiscal year 2021 was negative at -7.59%, indicating that the company incurred losses before taxes during that period. This negative performance was followed by a strong recovery in fiscal year 2020, with a pretax margin of 7.97%.
Overall, the trend in Burlington Stores Inc's pretax margin suggests some level of volatility in profitability over the years. It is essential for the company to consistently monitor and manage its operational efficiency and cost structure to maintain and improve its pretax margin in the future.
Peer comparison
Feb 3, 2024