RH (RH)
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 | 155,822 | 437,284 | 822,104 | 376,413 | 269,182 |
| Revenue | US$ in thousands | 2,836,370 | 3,539,340 | 3,668,920 | 2,777,900 | 2,564,930 |
| Pretax margin | 5.49% | 12.35% | 22.41% | 13.55% | 10.49% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $155,822K ÷ $2,836,370K
= 5.49%
The pretax margin of RH has exhibited fluctuations over the past five years. There was a notable decrease in pretax margin from 22.41% in January 2022 to 13.55% in January 2021. However, there was a subsequent increase to 12.35% in January 2023 before dropping further to 5.49% in February 2024. These fluctuations suggest varying levels of profitability before accounting for tax expenses over the years, indicating potential shifts in the company's operational efficiency and cost management strategies. Further analysis of the company's financial performance and key factors impacting its pretax margin would be necessary to fully understand the reasons behind these fluctuations.
Peer comparison
Feb 3, 2024