Fresh Del Monte Produce Inc (FDP)
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 | 171,200 | 34,000 | -3,500 | -10,400 | 6,700 | 144,500 | 168,600 | 135,700 | 118,800 | 76,000 | 34,100 | 60,000 | 82,100 | 96,900 | 124,500 | 94,600 | 54,200 | 33,300 | 32,000 | 56,500 |
| Revenue (ttm) | US$ in thousands | 4,280,300 | 4,275,700 | 4,259,300 | 4,300,100 | 4,320,700 | 4,352,100 | 4,402,500 | 4,433,900 | 4,442,300 | 4,419,600 | 4,370,900 | 4,300,600 | 4,252,000 | 4,237,000 | 4,221,900 | 4,172,600 | 4,202,300 | 4,225,200 | 4,305,700 | 4,452,800 |
| Pretax margin | 4.00% | 0.80% | -0.08% | -0.24% | 0.16% | 3.32% | 3.83% | 3.06% | 2.67% | 1.72% | 0.78% | 1.40% | 1.93% | 2.29% | 2.95% | 2.27% | 1.29% | 0.79% | 0.74% | 1.27% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $171,200K ÷ $4,280,300K
= 4.00%
Fresh Del Monte Produce Inc's pretax margin shows fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates some volatility in the company's ability to generate profits before tax.
The pretax margin ranged from a low of -0.24% on March 31, 2024, to a high of 4.00% on December 31, 2024. This indicates significant variability in the company's ability to convert its sales into profits before accounting for taxes during this period.
While the pretax margin experienced some ups and downs, it generally trended upwards from March 31, 2020, to December 31, 2023. There was a notable peak at 4.00% on December 31, 2024, which could be a positive sign for the company's profitability. However, the drop in the pretax margin from March 31, 2024, to June 30, 2024, with negative values, may raise concerns about the company's financial performance during that period.
Overall, constant monitoring and analysis of the pretax margin can provide insights into Fresh Del Monte Produce Inc's operational efficiency and profitability before accounting for tax obligations.
Peer comparison
Dec 31, 2024