Helen of Troy Ltd (HELE)
Pretax margin
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 209,042 | 194,027 | 163,828 | 168,382 | 171,289 | 178,698 | 201,535 | 227,657 | 259,966 | 234,438 | 245,428 | 278,003 | 269,430 | 241,757 | 220,475 | 175,278 | 165,940 | 212,525 | 189,421 | 186,018 |
| Revenue (ttm) | US$ in thousands | 1,951,649 | 1,945,114 | 1,954,029 | 1,988,120 | 2,032,319 | 2,141,123 | 2,217,356 | 2,177,293 | 2,210,480 | 2,138,035 | 2,151,168 | 2,207,303 | 2,086,058 | 2,022,215 | 1,859,374 | 1,742,097 | 1,698,141 | 1,640,619 | 1,596,759 | 1,576,773 |
| Pretax margin | 10.71% | 9.98% | 8.38% | 8.47% | 8.43% | 8.35% | 9.09% | 10.46% | 11.76% | 10.97% | 11.41% | 12.59% | 12.92% | 11.96% | 11.86% | 10.06% | 9.77% | 12.95% | 11.86% | 11.80% |
February 29, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $209,042K ÷ $1,951,649K
= 10.71%
Over the past 20 periods, Helen of Troy Ltd's pretax margin has shown some fluctuation, ranging from 8.38% to 12.95%. The pretax margin measures the company's ability to generate earnings before taxes on each dollar of revenue.
The company's pretax margin has generally been within the range of 8% to 13%, indicating consistent profitability. However, there have been periods of variation within this range. For instance, in the most recent period ending February 29, 2024, the pretax margin was 10.71%, which was higher compared to the prior two periods but slightly below the peak of 12.95% recorded in February 28, 2021.
Overall, the pretax margin trend suggests that Helen of Troy Ltd has been able to maintain a healthy level of profitability over the analyzed periods, with some fluctuations potentially influenced by factors such as changes in costs, pricing strategies, or operational efficiency.