National Beverage Corp (FIZZ)

Pretax margin

Apr 27, 2024 Jan 27, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 229,848 220,453 215,221 205,215 186,442 183,433 179,132 183,677 207,596 213,793 221,405 231,504 228,138 224,114 210,081 191,094 169,455 156,738 154,748 165,375
Revenue (ttm) US$ in thousands 1,191,694 1,181,078 1,179,496 1,179,055 1,172,932 1,170,453 1,160,893 1,144,418 1,138,013 1,114,896 1,101,904 1,090,555 1,072,210 1,073,508 1,050,391 1,030,193 1,000,394 977,907 975,985 985,083
Pretax margin 19.29% 18.67% 18.25% 17.41% 15.90% 15.67% 15.43% 16.05% 18.24% 19.18% 20.09% 21.23% 21.28% 20.88% 20.00% 18.55% 16.94% 16.03% 15.86% 16.79%

April 27, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $229,848K ÷ $1,191,694K
= 19.29%

The pretax margin of National Beverage Corp has shown variability over the past few years, ranging from a low of 15.43% in October 2022 to a high of 21.28% in January 2023. The trend generally shows an increasing pretax margin from mid-2021 to early 2023, peaking at 21.28%. However, the pretax margin has since declined slightly, reaching 19.29% in April 2024.

This indicates that the company's ability to generate profits before tax relative to its revenue has fluctuated over the periods examined. It is important to consider factors such as changes in operating expenses, cost management, pricing strategies, and revenue growth when analyzing the pretax margin to understand the overall financial performance and efficiency of National Beverage Corp.


Peer comparison

Apr 27, 2024