John B Sanfilippo & Son Inc (JBSS)
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 | 79,937 | 85,350 | 81,696 | 79,819 | 72,711 |
| Revenue | US$ in thousands | 1,066,780 | 999,686 | 955,868 | 858,482 | 880,092 |
| Pretax margin | 7.49% | 8.54% | 8.55% | 9.30% | 8.26% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $79,937K ÷ $1,066,780K
= 7.49%
The pretax margin of John B Sanfilippo & Son Inc has shown a decreasing trend over the past five years, with figures of 9.30% in 2021, 8.55% in 2022, 8.54% in 2023, and 7.49% in 2024. This indicates that the company's profitability before accounting for taxes has slightly declined. The downward trend in pretax margin may suggest that the company's expenses have been increasing at a faster rate than its revenues, impacting its overall profitability. It's essential for the company to closely monitor and manage its cost structure to improve its pretax margin in the future.
Peer comparison
Jun 30, 2024
Company name
Symbol
Pretax margin
John B Sanfilippo & Son Inc
JBSS
7.49%
Hershey Co
HSY
19.82%
Tootsie Roll Industries Inc
TR
15.65%