Caseys General Stores Inc (CASY)
Pretax margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 656,160 | 587,518 | 440,728 | 407,370 | 342,048 |
| Revenue | US$ in thousands | 14,862,900 | 15,094,500 | 12,952,600 | 8,707,190 | 9,175,300 |
| Pretax margin | 4.41% | 3.89% | 3.40% | 4.68% | 3.73% |
April 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $656,160K ÷ $14,862,900K
= 4.41%
The pretax margin of Caseys General Stores Inc has shown varying levels over the past five years. In the fiscal year ending April 30, 2024, the pretax margin increased to 4.41%, up from 3.89% in the previous year. This indicates an improvement in the company's ability to generate profits before accounting for taxes.
In comparison, the pretax margin was lower in the fiscal year ending April 30, 2022, at 3.40%, but higher in the fiscal year ending April 30, 2021, at 4.68%. This suggests fluctuations in the company's profitability performance during these years.
Looking back at the fiscal year ending April 30, 2020, the pretax margin was at 3.73%. While this was higher than in 2022, it was lower than the most recent fiscal year, emphasizing the importance of analyzing trends over time.
Overall, the upward trend in the pretax margin from 2020 to 2024 indicates a positive financial performance for Caseys General Stores Inc in terms of generating profits before taxes. However, it's important to continue monitoring this metric to assess the company's efficiency in managing costs and maximizing revenues.
Peer comparison
Apr 30, 2024