Nordstrom Inc (JWN)

Pretax margin

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 393,000 363,000 495,000 409,000 535,000 511,000 488,000 123,000 -242,000 -248,000 -254,000 4,000 262,000 270,000 278,000 345,000 640,000 738,000 661,000 714,000
Revenue (ttm) US$ in thousands 15,016,000 15,113,000 16,069,000 15,495,000 15,480,000 14,832,000 14,184,000 14,045,000 13,906,000 14,453,000 15,000,000 15,365,000 15,730,000 15,506,000 15,282,000 15,305,000 16,245,000 16,636,000 16,178,000 16,246,000
Pretax margin 2.62% 2.40% 3.08% 2.64% 3.46% 3.45% 3.44% 0.88% -1.74% -1.72% -1.69% 0.03% 1.67% 1.74% 1.82% 2.25% 3.94% 4.44% 4.09% 4.39%

January 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $393,000K ÷ $15,016,000K
= 2.62%

The pretax margin of Nordstrom Inc has shown fluctuations over the specified time period. The pretax margin started at 4.39% in January 2022, decreased slightly to 4.09% in April 2022, and then increased to 4.44% in July 2022. However, in the following months, there was a decline in the pretax margin, reaching 1.82% in October 2022.

Subsequently, the pretax margin saw a further decline to 1.67% in January 2023, followed by significant decreases in April and July 2023 to negative values (-1.69% and -1.74%, respectively). The trend reversed in October 2023, with the pretax margin improving to 3.44%.

The pretax margin remained relatively stable around 3.45% in January 2024 and February 2024. However, there was a slight decrease to 2.64% in April 2024. The margin saw an improvement to 3.08% in July 2024 but decreased again to 2.40% in October 2024.

As of January 31, 2025, the pretax margin of Nordstrom Inc stood at 2.62%. Overall, the pretax margin has experienced fluctuations, with periods of both growth and decline, indicating variability in the company's profitability before considering taxes. It is important for stakeholders to monitor these fluctuations and understand the factors influencing them to assess the company's financial performance.