Helen of Troy Ltd (HELE)
Pretax margin
| Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 209,042 | 171,289 | 259,966 | 269,430 | 165,940 |
| Revenue | US$ in thousands | 1,951,730 | 2,033,190 | 2,213,270 | 2,085,990 | 1,694,540 |
| Pretax margin | 10.71% | 8.42% | 11.75% | 12.92% | 9.79% |
February 29, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $209,042K ÷ $1,951,730K
= 10.71%
Helen of Troy Ltd's pretax margin has varied over the past five years, with the highest pretax margin recorded at 12.92% in February 2021 and the lowest at 8.42% in February 2023. The company's pretax margin for the most recent period, as of February 29, 2024, stands at 10.71%. This indicates that the company's profitability before taxes has fluctuated but generally remained at moderate levels over the years. It is important for the company to monitor and manage its expenses and revenue generation to sustain or improve its pretax margin in the future.