Central Garden & Pet Company A (CENTA)
Pretax margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 119,390 | 121,448 | 114,024 |
| Revenue (ttm) | US$ in thousands | 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 | 2,383,010 | 2,344,580 | 2,295,948 |
| Pretax margin | 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% | 5.01% | 5.18% | 4.97% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $172,807K ÷ $3,316,578K
= 5.21%
Central Garden & Pet Company A's pretax margin has shown some fluctuations over the past several quarters. The pretax margin represents the percentage of each dollar of revenue that translates into pre-tax earnings.
From Dec 31, 2019 to Dec 31, 2022, the company experienced relatively stable pretax margins ranging between 4.62% to 5.32%. However, there was a notable decrease in the pretax margin in the first quarter of 2023 to 4.54%, which continued to fluctuate around this range for the next few quarters.
Overall, the pretax margin has ranged from 4.54% to 6.85% over the past few quarters, with the most recent data as of Dec 31, 2023 showing a pretax margin of 5.21%. It's essential for investors and stakeholders to monitor this metric closely as fluctuations in the pretax margin can indicate changes in the company's profitability and efficiency in generating earnings before taxes.
Peer comparison
Dec 31, 2023