Dollar Tree Inc (DLTR)
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 | -988,700 | 2,110,600 | 1,632,200 | 1,739,800 | 1,098,700 |
| Revenue | US$ in thousands | 30,603,800 | 28,331,700 | 26,321,200 | 25,509,300 | 23,610,800 |
| Pretax margin | -3.23% | 7.45% | 6.20% | 6.82% | 4.65% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-988,700K ÷ $30,603,800K
= -3.23%
Dollar Tree Inc's pretax margin has shown variability over the past five years. In the most recent fiscal year ending on February 3, 2024, the company reported a negative pretax margin of -3.23%, indicating that expenses exceeded its pre-tax income.
In contrast, the pretax margins for the previous years were positive, with values ranging from 4.65% to 7.45%. This suggests that Dollar Tree Inc was more effective in generating pre-tax profit relative to total revenue in those years compared to the most recent year.
The decline in pretax margin in the latest fiscal year could indicate challenges in managing costs efficiently or generating sufficient revenue to cover expenses. Investors and analysts may want to further investigate the factors driving this decrease in pretax margin to assess the company's financial health and operational performance.
Peer comparison
Feb 3, 2024