National Beverage Corp (FIZZ)
Pretax margin
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 229,848 | 229,848 | 186,442 | 186,442 | 207,596 |
| Revenue | US$ in thousands | 1,191,690 | 1,191,690 | 1,172,930 | 1,172,930 | 1,138,010 |
| Pretax margin | 19.29% | 19.29% | 15.90% | 15.90% | 18.24% |
April 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $229,848K ÷ $1,191,690K
= 19.29%
National Beverage Corp's pretax margin has shown fluctuations over the past few years. It was 18.24% on April 30, 2022, indicating that the company was able to generate $0.1824 of pre-tax profit for every dollar of revenue. However, in the following year, the pretax margin decreased to 15.90% by April 29, 2023, and remained at the same level on April 30, 2023.
It is noteworthy that the pretax margin experienced an improvement in the financial year ending April 27, 2024, and April 30, 2024, reaching 19.29%. This signifies that the company was able to enhance its operational efficiency and cost management strategies, resulting in a higher portion of revenue being converted into pre-tax profit during these periods.
Overall, while there have been fluctuations in National Beverage Corp's pretax margin in recent years, the positive trend observed in the most recent financial years suggests improvements in the company's profitability and cost control measures. Monitoring this metric over time can provide valuable insights into the company's financial performance and efficiency.
Peer comparison
Apr 30, 2024