Hanesbrands Inc (HBI)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -60,521 | -84,146 | -144,791 | -33,042 | -43,602 | -55,612 | 56,657 | 180,762 | 352,738 | 418,614 | 514,078 | 575,536 | 581,075 | 14,041 | -52,540 | -30,812 | -183,122 | 505,862 | 599,067 | 583,486 |
| Revenue (ttm) | US$ in thousands | 3,885,425 | 4,385,526 | 4,959,733 | 5,403,320 | 5,131,150 | 5,307,610 | 5,467,040 | 5,541,530 | 6,233,660 | 6,512,720 | 6,631,530 | 6,869,370 | 6,801,240 | 6,849,730 | 6,868,450 | 6,855,920 | 6,664,350 | 6,614,510 | 6,673,210 | 6,695,360 |
| Pretax margin | -1.56% | -1.92% | -2.92% | -0.61% | -0.85% | -1.05% | 1.04% | 3.26% | 5.66% | 6.43% | 7.75% | 8.38% | 8.54% | 0.20% | -0.76% | -0.45% | -2.75% | 7.65% | 8.98% | 8.71% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-60,521K ÷ $3,885,425K
= -1.56%
The pretax margin of Hanesbrands Inc has shown some fluctuation over the periods provided. The company experienced a positive trend from March 31, 2020, to December 31, 2021, with pretax margins ranging from 8.71% to 8.54%. However, the margin dropped significantly to -2.75% by December 31, 2020, before recovering and stabilizing around positive values.
From March 31, 2022, to June 30, 2024, there was a general decreasing trend in the pretax margin, declining from 8.38% to -2.92% during this period. Notably, there were negative pretax margins in the last few periods, with the lowest point recorded at -2.92% on June 30, 2024.
Overall, the pretax margin of Hanesbrands Inc has displayed volatility and downward trends in recent reporting periods, which may indicate challenges in maintaining profitability and controlling expenses. This analysis suggests that the company may need to focus on improving operational efficiency and cost management to enhance its profitability in the future.