MillerKnoll Inc (MLKN)
Pretax margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Dec 2, 2023 | Nov 30, 2023 | Sep 2, 2023 | Aug 31, 2023 | Jun 3, 2023 | May 31, 2023 | Mar 4, 2023 | Feb 28, 2023 | Dec 3, 2022 | Nov 30, 2022 | Sep 3, 2022 | Aug 31, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -50,800 | 76,600 | 59,200 | 103,900 | 141,400 | 136,600 | 130,200 | 80,500 | 30,700 | 9,800 | -9,700 | 17,300 | 44,400 | 75,600 | 107,700 | 136,900 | 157,700 | 142,700 | 127,000 | 73,100 |
| Revenue (ttm) | US$ in thousands | 3,597,000 | 3,574,700 | 3,476,600 | 3,544,800 | 3,605,400 | 3,650,000 | 3,695,400 | 7,789,600 | 7,796,800 | 7,863,900 | 7,930,900 | 3,955,600 | 4,065,800 | 4,162,300 | 4,256,400 | 4,308,300 | 4,341,900 | 4,309,300 | 4,249,800 | 4,175,600 |
| Pretax margin | -1.41% | 2.14% | 1.70% | 2.93% | 3.92% | 3.74% | 3.52% | 1.03% | 0.39% | 0.12% | -0.12% | 0.44% | 1.09% | 1.82% | 2.53% | 3.18% | 3.63% | 3.31% | 2.99% | 1.75% |
February 28, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-50,800K ÷ $3,597,000K
= -1.41%
The pretax margin of MillerKnoll Inc has shown fluctuations over the periods analyzed. It started at 1.75% on May 28, 2022, increased to 3.63% by September 3, 2022, and then fluctuated around the 3% mark until December 2, 2023. There was a notable decrease to 0.12% by August 31, 2023, followed by a gradual increase to 3.92% by March 2, 2024. However, the margin dropped significantly to -1.41% by February 28, 2025.
Overall, the pretax margin of MillerKnoll Inc has been relatively volatile, experiencing both upward and downward trends throughout the periods covered in the data. It is important for the company to closely monitor and manage its pretax margin to ensure sustainable profitability and financial health.