Hawkins Inc (HWKN)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 101,145 | 82,582 | 69,979 | 55,851 | 38,956 |
| Revenue | US$ in thousands | 919,162 | 935,098 | 774,541 | 596,871 | 540,198 |
| Pretax margin | 11.00% | 8.83% | 9.03% | 9.36% | 7.21% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $101,145K ÷ $919,162K
= 11.00%
Hawkins Inc's pretax margin has shown a generally positive trend over the past five years, increasing from 7.21% in March 2020 to 11.00% in March 2024. This indicates that the company's profitability before taxes has improved, with a higher percentage of revenue being converted into pre-tax profit in recent years. The company has been able to effectively manage its operating expenses and generate higher levels of operating income relative to its total revenue. Overall, the increasing pretax margin suggests improved operational efficiency and financial performance for Hawkins Inc.
Peer comparison
Mar 31, 2024