National Vision Holdings Inc (EYE)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -24,716 | -12,300 | -78,549 | -70,055 | -61,764 | -56,392 | 39,263 | 47,782 | 60,813 | 77,818 | 105,450 | 135,683 | 149,325 | 188,863 | 186,214 | 84,337 | 38,679 | -4,493 | -53,359 | 16,611 |
| Revenue (ttm) | US$ in thousands | 1,883,049 | 1,952,174 | 2,033,015 | 2,106,622 | 2,126,468 | 2,088,996 | 2,055,847 | 2,040,062 | 2,005,404 | 2,014,324 | 2,033,122 | 2,073,056 | 2,079,525 | 2,098,370 | 2,065,718 | 1,776,236 | 1,711,760 | 1,616,827 | 1,563,376 | 1,732,820 |
| Pretax margin | -1.31% | -0.63% | -3.86% | -3.33% | -2.90% | -2.70% | 1.91% | 2.34% | 3.03% | 3.86% | 5.19% | 6.55% | 7.18% | 9.00% | 9.01% | 4.75% | 2.26% | -0.28% | -3.41% | 0.96% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-24,716K ÷ $1,883,049K
= -1.31%
National Vision Holdings Inc's pretax margin has experienced fluctuations over the past few years. It started the period at a relatively low level of 0.96% in March 2020, then turned negative in the subsequent quarters, indicating operating losses. However, the company managed to improve its performance, achieving a pretax margin of 9.01% in June 2021, representing a significant turnaround.
Subsequently, the pretax margin fluctuated within a range of 3.03% to 6.55% until December 2022. However, from March 2023 onwards, the pretax margin started to decline, reaching negative figures once again by the end of 2024, at -1.31% in December. This downward trend may indicate challenges or inefficiencies in the company's operations or changes in the market environment impacting profitability.
Overall, National Vision Holdings Inc's pretax margin analysis suggests a mix of positive and negative performance periods, highlighting the importance of sustained profitability and operational efficiency in maintaining financial health. Further investigation into the factors driving these fluctuations could provide valuable insights for the company's strategic decision-making.
Peer comparison
Dec 31, 2024