Simply Good Foods Co (SMPL)

Pretax margin

		Aug 31, 2024	May 25, 2024	Feb 24, 2024	Nov 25, 2023	Aug 26, 2023	May 27, 2023	Feb 25, 2023	Nov 26, 2022	Aug 27, 2022	May 28, 2022	Feb 26, 2022	Nov 27, 2021	Aug 28, 2021	May 29, 2021	Feb 27, 2021	Nov 28, 2020	Aug 29, 2020	May 30, 2020	Feb 29, 2020	Nov 30, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	186,050	194,162	186,592	177,244	175,692	164,139	167,480	162,150	150,569	140,304	111,119	63,508	80,860	19,527	52,381	123,505	78,964	74,410	30,696	-4,778
Revenue (ttm)	US$ in thousands	1,331,588	1,252,300	1,239,906	1,221,199	1,212,260	1,167,626	1,162,029	1,166,378	1,146,988	1,130,420	1,094,438	1,025,803	974,051	944,406	883,763	887,277	816,641	733,539	657,906	554,605
Pretax margin		13.97%	15.50%	15.05%	14.51%	14.49%	14.06%	14.41%	13.90%	13.13%	12.41%	10.15%	6.19%	8.30%	2.07%	5.93%	13.92%	9.67%	10.14%	4.67%	-0.86%

August 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $186,050K ÷ $1,331,588K
= 13.97%

The pretax margin of Simply Good Foods Co has shown fluctuations over the past several periods, ranging from negative values to double-digit percentages. The highest pretax margin was observed at 15.50% in May 2024, while the lowest was recorded at -0.86% in November 2019. Generally, the company has managed to maintain positive pretax margins in recent years, with figures ranging from 10% to 15%. The upward trend in pretax margin from 2021 to 2024 indicates an improvement in the company's profitability before accounting for taxes. However, it is important to note the significant variability in the pretax margin over the analyzed periods, which may suggest fluctuations in the company's underlying cost structure and revenue generation.