ConAgra Foods Inc (CAG)

Pretax margin

		May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	609,700	902,300	1,178,700	1,492,600	1,041,400
Revenue	US$ in thousands	11,624,600	11,852,600	11,195,600	10,778,800	10,550,500
Pretax margin		5.24%	7.61%	10.53%	13.85%	9.87%

May 26, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $609,700K ÷ $11,624,600K
= 5.24%

ConAgra Foods Inc's pretax margin has shown a declining trend over the past five years, dropping from 13.85% in May 2021 to 5.24% in May 2024. This indicates a decrease in the company's ability to generate profits before accounting for taxes relative to its total revenue. A declining pretax margin can signal potential challenges such as increasing costs, pricing pressures, or inefficiencies in operations. It is essential for ConAgra Foods Inc to closely monitor and address the factors affecting its pretax margin to ensure sustainable profitability and operational efficiency.