Chuy's Holdings Inc (CHUY)

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	36,920	32,715	30,178	26,300	23,208	27,744	29,206	34,376	34,258	28,903	24,987	15,052	-8,801	-13,824	-20,356	-17,934	3,314	7,844	2,010	2,858
Revenue (ttm)	US$ in thousands	461,310	449,064	442,282	434,227	422,215	416,779	412,036	409,243	396,467	376,510	356,603	314,162	320,952	344,276	371,326	418,746	426,357	421,160	413,253	406,461
Pretax margin		8.00%	7.29%	6.82%	6.06%	5.50%	6.66%	7.09%	8.40%	8.64%	7.68%	7.01%	4.79%	-2.74%	-4.02%	-5.48%	-4.28%	0.78%	1.86%	0.49%	0.70%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $36,920K ÷ $461,310K
= 8.00%

The pretax margin of Chuy`s Holdings Inc has shown variations over the past eight quarters. The trend indicates a general decline in pretax margin from Q1 2022 to Q3 2023, with occasional fluctuations. The highest pretax margin was observed in Q1 2022 at 8.40%, followed by a gradual decrease in subsequent quarters. Q4 2023 recorded a pretax margin of 8.00%, showing a slight improvement from the previous quarter but still lower than the peak achieved in Q1 2022. Overall, Chuy`s Holdings Inc may benefit from further analysis and strategic adjustments to improve profitability and operational efficiency.