Simply Good Foods Co (SMPL)
Pretax margin
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 186,050 | 175,692 | 150,569 | 80,860 | 78,964 |
| Revenue | US$ in thousands | 1,331,320 | 1,242,670 | 1,168,680 | 1,005,610 | 816,641 |
| Pretax margin | 13.97% | 14.14% | 12.88% | 8.04% | 9.67% |
August 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $186,050K ÷ $1,331,320K
= 13.97%
The pretax margin of Simply Good Foods Co has shown a fluctuating trend over the past five years, ranging from 8.04% in Aug 2021 to 14.14% in Aug 2023. The most recent pretax margin as of Aug 31, 2024, stands at 13.97%, indicating a slight decrease compared to the previous year. Despite the variations, the company has generally maintained a healthy pretax margin during this period, reflecting its ability to generate profits before accounting for taxes relative to its total revenue. The management should continue to monitor and manage expenses effectively to sustain or improve this key profitability metric in the future.
Peer comparison
Aug 31, 2024