National Beverage Corp (FIZZ)
Pretax margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 244,564 | 242,951 | 248,494 | 239,046 | 215,332 | 214,829 | 214,326 | 229,345 | 244,364 | 235,472 | 226,580 | 206,329 | 186,078 | 184,964 | 183,850 | 185,328 | 186,806 | 184,911 | 178,517 | 172,738 |
| Revenue (ttm) | US$ in thousands | 1,201,354 | 1,185,040 | 1,215,305 | 1,194,168 | 1,134,760 | 1,137,519 | 1,140,278 | 1,194,453 | 1,248,628 | 1,235,253 | 1,221,878 | 1,166,121 | 1,110,364 | 1,123,298 | 1,136,232 | 1,185,866 | 1,235,500 | 1,220,087 | 1,179,377 | 1,120,183 |
| Pretax margin | 20.36% | 20.50% | 20.45% | 20.02% | 18.98% | 18.89% | 18.80% | 19.20% | 19.57% | 19.06% | 18.54% | 17.69% | 16.76% | 16.47% | 16.18% | 15.63% | 15.12% | 15.16% | 15.14% | 15.42% |
April 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $244,564K ÷ $1,201,354K
= 20.36%
The pretax margin of National Beverage Corp has demonstrated a consistent upward trend over the specified period, indicating improved profitability before tax expenses. Starting from approximately 15.42% in July 2022, the pretax margin experienced gradual increases, reaching around 19.57% as of October 2023. This upward trajectory reflects enhanced operational efficiency, cost management, or revenue growth that positively impacted earnings before tax.
The margin continued to trend upward into early 2024, with values around 19.20% to 18.80%, before accelerating again to approximately 20.02% in mid-2024. Notably, the margin peaked at approximately 20.50% in early 2025. Throughout the observed period, the pretax margin displayed a steady increase, indicating strengthening of the company's earnings relative to its revenues.
This pattern suggests that National Beverage Corp has been able to improve its operating efficiencies or benefit from favorable market conditions, cost controls, or pricing strategies that have contributed to higher pretax profitability. The overall increase from approximately 15.42% to over 20.50% signifies a substantial enhancement in pretax profit margin, reflecting positively on the company's financial health and operational performance over the analyzed timeframe.
Peer comparison
Apr 30, 2025