Kontoor Brands Inc (KTB)

Pretax margin

		Dec 31, 2024	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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	301,423	291,438	276,893	263,710	271,899	282,748	274,772	301,560	319,136	299,662	313,903	263,844	244,600	237,490	228,144	165,274	72,936	66,961	13,958	96,169
Revenue (ttm)	US$ in thousands	2,610,986	2,571,058	2,544,950	2,544,398	2,579,338	2,637,077	2,590,654	2,589,646	2,604,516	2,540,463	2,588,165	2,465,948	2,434,204	2,469,159	2,394,349	2,247,901	2,097,839	2,049,753	2,117,336	2,390,409
Pretax margin		11.54%	11.34%	10.88%	10.36%	10.54%	10.72%	10.61%	11.64%	12.25%	11.80%	12.13%	10.70%	10.05%	9.62%	9.53%	7.35%	3.48%	3.27%	0.66%	4.02%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $301,423K ÷ $2,610,986K
= 11.54%

Kontoor Brands Inc's pretax margin, a key profitability ratio, has shown fluctuations over the past several quarters. From March 2020 to June 2020, the pretax margin decreased significantly from 4.02% to 0.66%. However, there was a recovery in the subsequent quarters, with the pretax margin gradually improving to 3.48% by December 2020.

The upward trend continued into the first half of 2021, with a notable increase in pretax margin to 9.53% by June 2021. The company maintained this positive momentum, reaching a pretax margin of 10.05% by December 2021.

In the following quarters of 2022, the pretax margin further increased to 12.13% by June 2022. However, there was a slight dip in the subsequent quarters, with the pretax margin fluctuating between 10.61% and 11.80%.

By the end of 2024, the pretax margin stood at 11.54%, indicating a stable profitability level for Kontoor Brands Inc. Overall, the company has shown a generally positive trend in its pretax margin, with some fluctuations along the way.