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

Company name
Symbol
Pretax margin
Central Garden & Pet Company A
CENTA
4.41%
Central Garden & Pet Company
CENT
4.41%
Vestis Corporation
VSTS
1.14%