MillerKnoll Inc (MLKN)
Pretax margin
| Aug 31, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Sep 3, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 89,100 | 84,700 | 59,000 | 36,300 | 46,600 | 95,700 | 112,800 | 88,100 | -16,100 | -51,200 | -14,700 | 57,300 | 222,800 | 12,200 | 6,200 | 30,200 | -2,700 | 259,100 | 257,100 | 216,000 |
| Revenue (ttm) | US$ in thousands | 3,543,600 | 7,706,000 | 7,817,700 | 7,936,600 | 8,100,200 | 4,176,800 | 4,230,500 | 4,199,000 | 3,907,600 | 3,428,600 | 2,996,200 | 2,601,900 | 2,454,300 | 2,308,500 | 2,384,400 | 2,432,800 | 2,477,600 | 2,672,900 | 2,629,100 | 2,610,500 |
| Pretax margin | 2.51% | 1.10% | 0.75% | 0.46% | 0.58% | 2.29% | 2.67% | 2.10% | -0.41% | -1.49% | -0.49% | 2.20% | 9.08% | 0.53% | 0.26% | 1.24% | -0.11% | 9.69% | 9.78% | 8.27% |
August 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $89,100K ÷ $3,543,600K
= 2.51%
The pretax margin of MillerKnoll Inc has shown fluctuations over the periods provided in the table. The pretax margin measures the company's profitability before accounting for taxes, indicating how efficiently the company is generating profits from its operations.
From the data provided, we can see that the pretax margin has varied significantly, ranging from negative figures to positive percentages. It appears that there have been periods of both strength and weakness in the company's ability to generate profits before tax.
Overall, the analysis of the pretax margin data suggests that MillerKnoll Inc has experienced some challenges in maintaining consistent profitability levels over the periods observed. This could be a reflection of various factors, such as changes in expenses, revenue fluctuations, or macroeconomic conditions impacting the company's operations.
Further in-depth analysis and comparison with industry benchmarks would be necessary to provide more insights into the reasons behind the fluctuations in the pretax margin and to assess the company's overall financial performance more comprehensively.