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