Central Garden & Pet Company A (CENTA)
Pretax margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 141,095 | 161,991 | 198,386 | 193,781 | 152,894 |
Revenue | US$ in thousands | 3,200,460 | 3,310,100 | 3,338,590 | 3,303,680 | 2,695,510 |
Pretax margin | 4.41% | 4.89% | 5.94% | 5.87% | 5.67% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $141,095K ÷ $3,200,460K
= 4.41%
Central Garden & Pet Company A's pretax margin has fluctuated over the past five years. The pretax margin decreased from 5.67% in 2020 to 5.87% in 2021, demonstrating a slight decrease. However, there was a more significant decline in the pretax margin to 5.94% in 2022. This downward trend continued as the pretax margin fell further to 4.89% in 2023. The most recent data for Sep 30, 2024, shows a pretax margin of 4.41%, indicating a continued decrease.
Overall, the decreasing trend in the pretax margin may suggest that Central Garden & Pet Company A is facing challenges in maintaining profitability before taxes. It is important for the company to closely analyze the factors contributing to this decline and implement strategies to improve efficiency and profitability in order to enhance its financial performance.
Peer comparison
Sep 30, 2024