ConAgra Foods Inc (CAG)

Pretax margin

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	609,700	1,230,800	1,268,100	1,383,400	902,300	1,068,700	955,200	810,500	1,178,700	1,227,400	1,282,100	1,382,000	1,492,600	1,519,500	1,409,800	1,294,800	1,041,400	978,500	1,014,400	823,800
Revenue (ttm)	US$ in thousands	11,624,600	11,673,000	11,720,500	11,853,600	11,852,800	11,826,400	11,689,900	11,443,000	11,195,600	11,037,300	10,884,000	10,800,600	10,792,500	11,412,500	11,168,300	10,980,600	10,678,400	10,003,700	10,149,100	9,754,600
Pretax margin		5.24%	10.54%	10.82%	11.67%	7.61%	9.04%	8.17%	7.08%	10.53%	11.12%	11.78%	12.80%	13.83%	13.31%	12.62%	11.79%	9.75%	9.78%	9.99%	8.45%

May 26, 2024 calculation

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

The pretax margin of ConAgra Foods Inc has displayed some fluctuations over the past several quarters. The trend shows a range of values from as low as 5.24% to as high as 13.83%. In general, the pretax margin has been relatively stable, with occasional spikes and dips. The most recent data point indicates a pretax margin of 5.24%, which is lower compared to previous quarters. This suggests that the company may have faced challenges in maintaining profitability before accounting for taxes. Further analysis and contextual information would be needed to understand the underlying reasons for these fluctuations and to assess the overall financial health of ConAgra Foods Inc.