Simply Good Foods Co (SMPL)
Pretax margin
| Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 175,692 | 150,569 | 80,860 | 78,964 | -8,523 |
| Revenue | US$ in thousands | 1,242,670 | 1,168,680 | 1,005,610 | 816,641 | 523,383 |
| Pretax margin | 14.14% | 12.88% | 8.04% | 9.67% | -1.63% |
August 26, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $175,692K ÷ $1,242,670K
= 14.14%
The pretax margin of Simply Good Foods Co has shown fluctuations over the past five years. In 2023, the pretax margin increased to 14.14% from 12.88% in 2022, indicating a strengthening profitability before taxes. This improvement may be attributed to effective cost management or increased revenue generation. However, it is important to note that in 2021, the pretax margin was 8.04%, indicating a decline in profitability compared to the preceding and subsequent years. Further analysis would be needed to understand the factors contributing to these fluctuations and to assess the company's overall financial performance.
Peer comparison
Aug 26, 2023