Central Garden & Pet Company (CENT)
Pretax margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 141,095 | 185,611 | 190,545 | 172,807 | 161,991 | 159,179 | 147,903 | 175,721 | 198,386 | 195,229 | 194,880 | 198,197 | 193,781 | 214,609 | 205,199 | 166,033 | 152,894 | 141,311 | 112,584 | 111,169 |
| Revenue (ttm) | US$ in thousands | 3,171,768 | 3,295,756 | 3,308,168 | 3,316,578 | 3,309,592 | 3,267,352 | 3,259,572 | 3,305,089 | 3,338,693 | 3,382,118 | 3,405,108 | 3,390,545 | 3,304,411 | 3,185,718 | 2,995,231 | 2,773,382 | 2,695,509 | 2,560,284 | 2,433,376 | 2,403,848 |
| Pretax margin | 4.45% | 5.63% | 5.76% | 5.21% | 4.89% | 4.87% | 4.54% | 5.32% | 5.94% | 5.77% | 5.72% | 5.85% | 5.86% | 6.74% | 6.85% | 5.99% | 5.67% | 5.52% | 4.63% | 4.62% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $141,095K ÷ $3,171,768K
= 4.45%
The pretax margin of Central Garden & Pet Company has shown some fluctuations over the past few quarters. The pretax margin is calculated as the ratio of pretax income to total revenue and reflects the company's ability to generate profits before accounting for taxes.
Looking at the trend over the last few quarters, the pretax margin has ranged between 4.45% and 6.85%. The highest pretax margin of 6.85% was recorded in March 2021, while the lowest pretax margin of 4.45% was seen in September 2024.
Overall, the pretax margin has generally been positive, hovering around the 5% range for most quarters. This indicates that Central Garden & Pet Company has been able to effectively manage costs and generate profits before taxes, although there have been some fluctuations in profitability over the periods analyzed. It would be important for the company to closely monitor and manage its expenses and revenue to maintain or improve its pretax margin in the future.
Peer comparison
Sep 30, 2024