Flowers Foods Inc (FLO)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 328,942 | 157,107 | 298,711 | 270,772 | 200,711 |
| Revenue | US$ in thousands | 5,103,490 | 5,090,830 | 4,805,820 | 4,330,770 | 4,387,990 |
| Pretax margin | 6.45% | 3.09% | 6.22% | 6.25% | 4.57% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $328,942K ÷ $5,103,490K
= 6.45%
Flowers Foods Inc's pretax margin, which indicates the company's efficiency in generating profits before taxes, has displayed fluctuations over the past five years. In 2020, the pretax margin stood at 4.57%, which increased to 6.25% in 2021 and slightly decreased to 6.22% in 2022. However, there was a notable decline in 2023, with the pretax margin dropping to 3.09%. The most recent data for 2024 shows a recovery, with the pretax margin improving to 6.45%. These variations in the pretax margin indicate changes in the company's profitability before accounting for tax considerations and may reflect shifts in operating efficiency, costs management, or revenue generation strategies.
Peer comparison
Dec 31, 2024