J & J Snack Foods Corp (JJSF)
Pretax margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 118,947 | 120,113 | 117,370 | 108,471 | 107,514 | 87,092 | 60,689 | 55,620 | 61,754 | 66,173 | 83,569 | 87,191 | 74,026 | 53,940 | -2,793 | -64 | 21,466 | 48,865 | 109,959 | 126,945 |
| Revenue (ttm) | US$ in thousands | 1,574,195 | 1,591,295 | 1,577,096 | 1,555,214 | 1,558,807 | 1,515,372 | 1,469,840 | 1,413,499 | 1,380,643 | 1,303,210 | 1,247,323 | 1,221,979 | 1,144,477 | 1,074,048 | 964,265 | 980,132 | 1,022,046 | 1,081,059 | 1,193,204 | 1,197,472 |
| Pretax margin | 7.56% | 7.55% | 7.44% | 6.97% | 6.90% | 5.75% | 4.13% | 3.93% | 4.47% | 5.08% | 6.70% | 7.14% | 6.47% | 5.02% | -0.29% | -0.01% | 2.10% | 4.52% | 9.22% | 10.60% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $118,947K ÷ $1,574,195K
= 7.56%
The pretax margin for J & J Snack Foods Corp has demonstrated fluctuations over the past eight quarters. The company's pretax margin has ranged from -0.29% in March 2021 to a high of 7.56% in September 2024.
The pretax margin improved steadily from the negative territory in March 2021 to reach 7.56% in September 2024. This improvement indicates that the company's ability to generate profits before taxes has strengthened over this period.
Notably, the pretax margin reached its peak in September 2024 at 7.56% before showing a slight decline in the subsequent quarter. The company's management may need to closely monitor the pretax margin to ensure profitability is sustained and optimized in the future.
Overall, the trend in the pretax margin over the past quarters suggests that J & J Snack Foods Corp has made progress in enhancing its operating efficiency and cost management, driving improved profitability levels.