Capri Holdings Ltd (CPRI)
Pretax margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -283,000 | 203,000 | 308,000 | 466,000 | 645,000 | 835,000 | 948,000 | 887,000 | 914,000 | 658,000 | 491,000 | 435,000 | 4,000 | -398,000 | -366,000 | -439,000 | -213,000 | 348,000 | 384,000 | 468,000 |
| Revenue (ttm) | US$ in thousands | 5,134,000 | 5,231,000 | 5,306,000 | 5,434,000 | 5,594,000 | 5,774,000 | 5,891,000 | 5,773,000 | 5,664,000 | 5,377,000 | 5,061,000 | 4,857,000 | 4,043,000 | 4,036,000 | 4,302,000 | 4,640,000 | 5,533,000 | 5,685,000 | 5,500,700 | 5,278,600 |
| Pretax margin | -5.51% | 3.88% | 5.80% | 8.58% | 11.53% | 14.46% | 16.09% | 15.36% | 16.14% | 12.24% | 9.70% | 8.96% | 0.10% | -9.86% | -8.51% | -9.46% | -3.85% | 6.12% | 6.98% | 8.87% |
March 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-283,000K ÷ $5,134,000K
= -5.51%
The pretax margin of Capri Holdings Ltd has exhibited some fluctuations over the past few quarters. The pretax margin has been trending downward since reaching a peak of 16.09% in September 2022. This decline continued with the pretax margin turning negative in March 2023 at -5.51%. Despite this, there was a slight improvement in the pretax margin in December 2023 at 3.88%.
Overall, the company's pretax margin has varied significantly, ranging from a low of -9.86% in December 2020 to a high of 16.09% in September 2022. It is essential for investors and stakeholders to closely monitor these fluctuations in the pretax margin to assess the company's profitability and efficiency of operations.
Peer comparison
Mar 31, 2024