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

Company name
Symbol
Pretax margin
Foot Locker Inc
FL
0.64%
Boot Barn Holdings Inc
BOOT
11.85%
Shoe Carnival Inc
SCVL
8.10%