J & J Snack Foods Corp (JJSF)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 118,947 | 107,514 | 61,754 | 74,026 | 21,466 |
| Revenue | US$ in thousands | 1,574,760 | 1,558,810 | 1,380,640 | 1,144,480 | 1,022,040 |
| Pretax margin | 7.55% | 6.90% | 4.47% | 6.47% | 2.10% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $118,947K ÷ $1,574,760K
= 7.55%
The pretax margin of J & J Snack Foods Corp has demonstrated a positive trend over the past five years. From 2020 to 2021, there was a significant increase in pretax margin, jumping from 2.10% to 6.47%. This improvement continued in subsequent years, with pretax margins of 7.55% in 2024, showing a steady upward trajectory.
The company's ability to generate higher pretax margins indicates efficiency in managing operating expenses and generating profits before accounting for taxes. The consistent growth in pretax margin reflects sound financial management and operational effectiveness, possibly indicating improved cost control measures and revenue-generating strategies.
Overall, the increasing pretax margin for J & J Snack Foods Corp suggests a positive trajectory in profitability and operational performance, highlighting the company's potential for sustained financial strength and growth.