Ollie's Bargain Outlet Hldg (OLLI)

Pretax margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	242,485	209,980	197,332	158,061	133,883	121,456	121,243	150,215	204,425	231,856	259,549	305,961	277,778	257,799	235,796	174,867	172,733	169,721	162,763	166,225
Revenue (ttm)	US$ in thousands	2,102,528	2,003,409	1,941,431	1,879,404	1,826,956	1,778,321	1,743,736	1,707,135	1,752,995	1,767,623	1,798,518	1,911,950	1,808,821	1,715,489	1,628,156	1,432,708	1,408,199	1,379,702	1,336,259	1,290,492
Pretax margin		11.53%	10.48%	10.16%	8.41%	7.33%	6.83%	6.95%	8.80%	11.66%	13.12%	14.43%	16.00%	15.36%	15.03%	14.48%	12.21%	12.27%	12.30%	12.18%	12.88%

February 3, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $242,485K ÷ $2,102,528K
= 11.53%

The pretax margin of Ollie's Bargain Outlet Hldg has exhibited fluctuations over the recent periods, ranging from a low of 6.83% to a high of 16.00%. The trend shows some variability, indicating changes in the company's ability to generate profits before accounting for taxes. Generally, the pretax margin has been above 10% in most periods, suggesting efficient cost management and revenue generation.

However, it is notable that the pretax margin decreased from 13.12% in October 2021 to 6.83% in January 2023, representing a significant decline in profitability. Subsequently, there was an uptick in the pretax margin to 11.53% in February 2024, indicating a partial recovery.

Overall, the company's pretax margin has shown some resilience in maintaining profitability, with occasional fluctuations that may require further analysis to understand the underlying factors driving these changes.