G-III Apparel Group Ltd (GIII)

Pretax margin

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 269,859 240,599 -138,170 270,976 35,726
Revenue US$ in thousands 3,180,800 3,098,240 3,226,730 2,766,540 2,055,150
Pretax margin 8.48% 7.77% -4.28% 9.79% 1.74%

January 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $269,859K ÷ $3,180,800K
= 8.48%

The pretax margin of G-III Apparel Group Ltd has fluctuated over the past five years, ranging from negative to positive values. In January 2021, the company had a pretax margin of 1.74%, which increased significantly to 9.79% by January 2022, indicating improved profitability. However, in January 2023, the pretax margin declined to -4.28%, reflecting a period of financial difficulty or operational challenges. Subsequently, the company recovered and achieved a pretax margin of 7.77% by January 2024 and further improved to 8.48% by January 2025. Overall, the trend suggests a mix of challenges and successes in managing expenses and generating income before taxes.