GMS Inc (GMS)
Pretax margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 374,166 | 447,503 | 364,819 | 137,094 | 46,325 |
| Revenue | US$ in thousands | 5,503,660 | 5,330,540 | 4,635,040 | 3,298,910 | 3,241,400 |
| Pretax margin | 6.80% | 8.40% | 7.87% | 4.16% | 1.43% |
April 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $374,166K ÷ $5,503,660K
= 6.80%
The pretax margin of GMS Inc has shown a positive trend over the past five years, increasing from 1.43% in April 2020 to 6.80% in April 2024. This indicates an improvement in the company's ability to generate profits before taxes relative to its revenue. The pretax margin was relatively stable between 2021 and 2023, ranging from 4.16% to 8.40%, before experiencing a slight dip in 2024. Overall, the increasing pretax margin suggests better cost management, pricing strategies, and operational efficiency, which are favorable indicators of the company's financial health and performance.
Peer comparison
Apr 30, 2024