H B Fuller Company (FUL)
Pretax margin
| Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | Jun 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 245,619 | 238,436 | 214,641 | 229,539 | 240,666 | 257,498 | 261,584 | 237,539 | 232,482 | 224,426 | 217,202 | 213,210 | 190,532 | 165,640 | 148,029 | 170,349 | 180,347 | 180,225 | 182,338 | 160,329 |
| Revenue (ttm) | US$ in thousands | 3,512,171 | 3,510,935 | 3,566,270 | 3,606,866 | 3,701,885 | 3,749,184 | 3,688,394 | 3,573,994 | 3,408,609 | 3,278,031 | 3,158,247 | 3,022,880 | 2,869,609 | 2,790,269 | 2,751,735 | 2,785,648 | 2,870,629 | 2,897,000 | 2,926,323 | 2,971,054 |
| Pretax margin | 6.99% | 6.79% | 6.02% | 6.36% | 6.50% | 6.87% | 7.09% | 6.65% | 6.82% | 6.85% | 6.88% | 7.05% | 6.64% | 5.94% | 5.38% | 6.12% | 6.28% | 6.22% | 6.23% | 5.40% |
March 2, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $245,619K ÷ $3,512,171K
= 6.99%
The pretax margin of H B Fuller Company has displayed fluctuations over the past several quarters. The pretax margin represents the company's profitability before taxes relative to its total revenue.
For the most recent quarter on March 2, 2024, the pretax margin improved to 6.99%, showing a slight increase compared to the previous quarter's 6.79% on December 2, 2023. However, the pretax margin has generally been within a relatively narrow range between 5.38% to 7.09% over the last few years, indicating stability in the company's ability to generate profits before tax.
It is crucial for investors and analysts to monitor the pretax margin closely as it reflects the company's operational efficiency and cost management strategies. Any significant deviation from the historical range could indicate changing market conditions, competitive pressures, or internal operational challenges that may impact the company's overall financial performance.