Cal-Maine Foods Inc (CALM)
Pretax margin
| Jun 1, 2024 | Jun 3, 2023 | May 28, 2022 | May 29, 2021 | May 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 361,577 | 999,842 | 166,224 | -9,949 | 20,122 |
| Revenue | US$ in thousands | 2,325,870 | 3,145,760 | 1,781,860 | 1,345,790 | 1,351,610 |
| Pretax margin | 15.55% | 31.78% | 9.33% | -0.74% | 1.49% |
June 1, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $361,577K ÷ $2,325,870K
= 15.55%
The pretax margin of Cal-Maine Foods Inc has fluctuated over the past five years. There was a significant decrease in the pretax margin from 31.78% in Jun 3, 2023, to 9.33% in May 28, 2022. However, there was a noticeable improvement in the pretax margin in Jun 1, 2024, reaching 15.55%. The pretax margin was negative in May 29, 2021, but it increased to 1.49% in May 30, 2020. Overall, the company's pretax margin has shown variability, indicating fluctuations in its profitability before taking into account taxes.