Sally Beauty Holdings Inc (SBH)
Pretax margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 206,325 | 199,114 | 219,522 | 235,194 | 252,050 | 216,625 | 208,380 | 220,222 | 244,096 | 313,327 | 354,066 | 339,129 | 324,934 | 325,304 | 195,472 | 165,465 | 159,967 | 162,475 | 282,692 | 349,762 |
| Revenue (ttm) | US$ in thousands | 3,717,033 | 3,623,305 | 3,614,026 | 3,628,215 | 3,653,284 | 3,698,523 | 3,711,659 | 3,701,123 | 3,722,075 | 3,746,879 | 3,820,324 | 3,831,278 | 3,779,726 | 3,767,647 | 3,446,701 | 3,393,635 | 3,444,070 | 3,452,195 | 3,723,594 | 3,796,746 |
| Pretax margin | 5.55% | 5.50% | 6.07% | 6.48% | 6.90% | 5.86% | 5.61% | 5.95% | 6.56% | 8.36% | 9.27% | 8.85% | 8.60% | 8.63% | 5.67% | 4.88% | 4.64% | 4.71% | 7.59% | 9.21% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $206,325K ÷ $3,717,033K
= 5.55%
The pretax margin of Sally Beauty Holdings Inc has fluctuated over the past several quarters. In the most recent quarter (ending September 30, 2024), the pretax margin was 5.55%, showing a slight increase from the previous quarter (June 30, 2024) at 5.50%. The pretax margin has generally been in the range of 5% to 7% over the last few quarters.
The highest pretax margin in recent quarters was in March 2022, at 9.27%, followed closely by the pretax margin in September 2022 at 8.36%. Since then, there has been a downward trend in the pretax margin, with occasional increases.
Overall, the pretax margin of Sally Beauty Holdings Inc has shown some volatility, possibly influenced by factors such as operational efficiency, cost management, sales performance, and macroeconomic conditions. It is essential for the company to monitor and manage its pretax margin effectively to ensure sustainable profitability and financial health.
Peer comparison
Sep 30, 2024