GameStop Corp (GME)
Pretax margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 137,200 | 73,600 | 123,800 | 102,000 | 133,400 | 59,400 | -14,600 | -60,900 | -107,200 | -51,800 | 3,600 | -38,400 | -80,400 | -240,300 | -400,200 | -462,000 | -537,100 | -597,300 | -593,500 | -542,800 |
| Revenue (ttm) | US$ in thousands | 3,823,000 | 4,334,000 | 5,267,300 | 5,547,300 | 5,743,800 | 5,114,000 | 4,484,200 | 4,643,000 | 4,801,800 | 5,864,400 | 6,927,000 | 6,876,300 | 6,825,600 | 5,735,200 | 4,644,800 | 4,836,800 | 5,904,300 | 7,022,200 | 7,182,800 | 7,101,000 |
| Pretax margin | 3.59% | 1.70% | 2.35% | 1.84% | 2.32% | 1.16% | -0.33% | -1.31% | -2.23% | -0.88% | 0.05% | -0.56% | -1.18% | -4.19% | -8.62% | -9.55% | -9.10% | -8.51% | -8.26% | -7.64% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $137,200K ÷ $3,823,000K
= 3.59%
The pretax margin of GameStop Corp fluctuated over the reporting periods, ranging from negative values to positive values. The company experienced negative pretax margins for the majority of the periods, with the lowest being around -9.55%. However, there was a gradual improvement in the pretax margin starting from the end of January 2023 until January 31, 2025, where the pretax margin increased to 3.59%. This indicates that the company managed to enhance its profitability before taxes over time, achieving a positive pretax margin in recent periods.