The Hain Celestial Group Inc (HAIN)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -82,862 | -130,715 | 100,589 | 118,457 | -74,202 |
| Revenue | US$ in thousands | 1,678,400 | 1,755,310 | 1,900,380 | 1,977,810 | 2,053,900 |
| Pretax margin | -4.94% | -7.45% | 5.29% | 5.99% | -3.61% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-82,862K ÷ $1,678,400K
= -4.94%
The pretax margin of The Hain Celestial Group Inc has fluctuated over the past five years, exhibiting both positive and negative trends. In the most recent fiscal year ending June 30, 2024, the pretax margin was -4.94%, showing a slight improvement from the previous year but still indicating that the company's profitability before taxes remained in negative territory.
Comparing the performance over the past five years, the pretax margin was the highest in fiscal year 2022 and 2021, at 5.29% and 5.99% respectively. These positive margins indicate that the company was able to generate profits before taxes during those periods. However, in fiscal year 2020 and 2023, the pretax margin was negative, suggesting that the company incurred losses before accounting for taxes.
Overall, the fluctuation in pretax margins indicates variability in the company's profitability performance over the years, reflecting challenges that may have impacted its financial results. The negative pretax margins in certain years highlight the importance for The Hain Celestial Group Inc to focus on improving operational efficiency and cost management strategies to enhance profitability and ensure sustainable growth in the future.
Peer comparison
Jun 30, 2024