Floor & Decor Holdings Inc (FND)

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 253,403 311,531 385,622 334,068 207,205
Revenue US$ in thousands 4,455,770 4,413,880 4,264,470 3,433,530 2,425,790
Pretax margin 5.69% 7.06% 9.04% 9.73% 8.54%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $253,403K ÷ $4,455,770K
= 5.69%

Floor & Decor Holdings Inc's pretax margin has shown some fluctuations over the past five years. Starting at 8.54% on December 31, 2020, the margin increased to 9.73% by the end of 2021. However, in the following year, the pretax margin slightly decreased to 9.04% on December 31, 2022. Subsequently, there was a more significant drop to 7.06% by the end of 2023, and the trend continued downward with a pretax margin of 5.69% on December 31, 2024. These fluctuations indicate potential changes in the company's profitability and efficiency in generating profits before taxes. It would be advisable for stakeholders to further analyze the reasons behind these fluctuations to understand the company's financial performance better.


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Floor & Decor Holdings Inc
FND
5.69%
Builders FirstSource Inc
BLDR
8.46%
Home Depot Inc
HD
12.17%
Lowe's Companies Inc
LOW
10.94%