Oxford Industries Inc (OXM)

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	74,946	215,725	164,559	-125,877	92,430
Revenue	US$ in thousands	1,573,230	1,414,130	1,145,750	748,833	1,123,790
Pretax margin		4.76%	15.25%	14.36%	-16.81%	8.22%

February 3, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $74,946K ÷ $1,573,230K
= 4.76%

The pretax margin of Oxford Industries Inc has exhibited variability over the past five years. In the most recent fiscal year, ending on February 3, 2024, the pretax margin was 4.76%, indicating that the company generated $0.0476 in pretax profit for every dollar of sales. This represents a significant decrease compared to the previous year when the pretax margin stood at 15.25%.

The pretax margin was also relatively strong in the fiscal years ending on January 28, 2023 and January 29, 2022, at 15.25% and 14.36% respectively. However, in the fiscal year ending on January 30, 2021, the company experienced a negative pretax margin of -16.81%, indicating that it incurred more expenses than generated revenue before taxes.

Looking back further, in the fiscal year ending on February 1, 2020, the pretax margin was 8.22%. Overall, the pretax margin of Oxford Industries Inc has shown fluctuations, with the most recent year presenting a decline in profitability compared to the preceding years. Monitoring and analyzing the factors contributing to these changes will be crucial for understanding the company's financial performance and making informed decisions regarding its operations.