Sally Beauty Holdings Inc (SBH)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 206,325 | 252,050 | 244,097 | 324,934 | 231,322 |
| Revenue | US$ in thousands | 3,713,300 | 3,652,760 | 3,705,580 | 3,777,230 | 3,415,500 |
| Pretax margin | 5.56% | 6.90% | 6.59% | 8.60% | 6.77% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $206,325K ÷ $3,713,300K
= 5.56%
The pretax margin of Sally Beauty Holdings Inc has exhibited fluctuations over the past five years. In the most recent fiscal year ending September 30, 2024, the pretax margin was 5.56%, showing a decline from the previous year's level of 6.90%. This trend indicates a decrease in the company's ability to generate profits before taking into account taxes and other expenses in the most recent period.
Comparing the pretax margin in 2024 to those in earlier years, we observe a downward trajectory from the peak of 8.60% in fiscal year 2021 to the current level. Despite the variability in pretax margin over the years, Sally Beauty Holdings Inc has demonstrated fluctuating profitability levels. Further analysis of the company's financial performance, along with consideration of factors impacting the business operations, would be needed to assess the implications of these changes in pretax margin on the overall financial health and profitability of the company.
Peer comparison
Sep 30, 2024