Caleres Inc (CAL)

Pretax margin

Feb 3, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 180,882 178,006 169,720 192,629 215,080 234,712 260,998 246,275 188,101 77,304 12,065 -75,793 -517,231 -453,297 -431,668 -364,586 79,330 -17,280 -14,430 -15,955
Revenue (ttm) US$ in thousands 2,816,517 2,816,158 2,852,512 2,895,309 2,967,062 2,950,092 2,935,760 2,872,990 2,776,602 2,666,277 2,529,860 2,355,776 2,115,012 2,243,877 2,388,743 2,639,752 2,920,416 2,249,503 1,473,096 748,492
Pretax margin 6.42% 6.32% 5.95% 6.65% 7.25% 7.96% 8.89% 8.57% 6.77% 2.90% 0.48% -3.22% -24.46% -20.20% -18.07% -13.81% 2.72% -0.77% -0.98% -2.13%

February 3, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $180,882K ÷ $2,816,517K
= 6.42%

Caleres Inc's pretax margin has shown some fluctuations over the past few quarters. The pretax margin ranged from negative figures of -24.46% and -20.20% in the early part of 2021, an indication of significant losses, to positive figures reaching as high as 8.89% in the middle of 2022. This implies the company experienced both periods of profitability and losses during this timeframe.

Overall, the pretax margin has generally been positive, suggesting that Caleres Inc has been able to generate profits before accounting for taxes. However, the margin has varied, indicating changes in the company's cost structure, revenue generation, or efficiency in managing expenses. Monitoring trends in the pretax margin can help stakeholders assess the company's financial health and performance over time.


Peer comparison

Feb 3, 2024