Foot Locker Inc (FL)
Pretax margin
Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 51,000 | -423,000 | -423,000 | 524,000 | 522,000 |
Revenue | US$ in thousands | 7,988,000 | 8,159,000 | 8,168,000 | 8,759,000 | 8,761,000 |
Pretax margin | 0.64% | -5.18% | -5.18% | 5.98% | 5.96% |
January 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $51,000K ÷ $7,988,000K
= 0.64%
The pretax margin of Foot Locker Inc has shown some fluctuations in recent periods. In January 2023 and February 2023, the pretax margin remained relatively stable at around 6%. However, there was a significant decrease in profitability in January 2024 and February 2024, with the pretax margin dropping to -5.18%. This negative pretax margin indicates that the company's expenses exceeded its pre-tax income during those periods. In January 2025, there was a slight improvement in profitability, with the pretax margin increasing to 0.64%. Overall, Foot Locker Inc's pretax margin has been inconsistent, reflecting variability in the company's earnings relative to its revenue before accounting for taxes and other expenses.
Peer comparison
Jan 31, 2025