Kohls Corp (KSS)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 373,000 | -58,000 | 1,219,000 | -546,000 | 901,000 |
| Revenue | US$ in thousands | 17,132,000 | 17,794,000 | 18,972,000 | 15,798,000 | 19,776,000 |
| Pretax margin | 2.18% | -0.33% | 6.43% | -3.46% | 4.56% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $373,000K ÷ $17,132,000K
= 2.18%
The pretax margin of Kohls Corp has varied over the last five fiscal years, as indicated by the data provided. The pretax margin was 2.18% in 2024, compared to -0.33% in 2023, 6.43% in 2022, -3.46% in 2021, and 4.56% in 2020.
In 2024, Kohls Corp achieved a pretax margin of 2.18%, indicating that for every dollar of revenue generated, the company retained approximately 2.18 cents as pre-tax profit after accounting for operating expenses but before taking into consideration income taxes. This shows an improvement from the previous year when the company had a negative pretax margin of -0.33%.
The pretax margin performance in 2022 was notably stronger at 6.43%, which indicates that the company was more efficient in controlling its operating expenses relative to its revenue during that year. However, in 2021, the pretax margin was negative at -3.46%, suggesting that the company's operating expenses exceeded its revenue before accounting for income taxes.
Overall, the fluctuation in pretax margin over the five-year period highlights the volatility in Kohls Corp's ability to generate pre-tax profits relative to its revenue, with improvements in some years and challenges in others. Further analysis of the factors influencing these fluctuations would be necessary to gain a deeper understanding of the company's financial performance.
Peer comparison
Feb 3, 2024