Dick’s Sporting Goods Inc (DKS)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,318,150 | 1,383,750 | 1,994,440 | 711,735 | 407,704 |
| Revenue | US$ in thousands | 13,017,800 | 12,284,800 | 12,247,100 | 9,545,990 | 8,772,600 |
| Pretax margin | 10.13% | 11.26% | 16.28% | 7.46% | 4.65% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,318,150K ÷ $13,017,800K
= 10.13%
Based on the data provided, the pretax margin of Dick’s Sporting Goods Inc has fluctuated over the past five years. The pretax margin was highest in fiscal year 2022 at 16.28% and lowest in fiscal year 2020 at 4.65%.
The pretax margin measures the company's profitability before taxes relative to its total revenue. A higher pretax margin indicates that Dick’s Sporting Goods Inc is more efficient at generating profits from its operations.
The decrease in pretax margin from fiscal year 2022 to fiscal year 2024 may indicate a decrease in operating efficiency or an increase in operating costs relative to revenue. Conversely, the increase in pretax margin from fiscal year 2020 to fiscal year 2022 suggests improved profitability and operational efficiency during that time period.
Further analysis would be needed to determine the specific reasons behind the fluctuations in Dick’s Sporting Goods Inc's pretax margin and to assess the company's overall financial health and performance.
Peer comparison
Feb 3, 2024