SpartanNash Co (SPTN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 11,025 | 55,462 | 46,915 | 98,657 | 85,364 |
| Revenue | US$ in thousands | 9,549,320 | 7,484,040 | 9,643,100 | 8,931,040 | 9,348,480 |
| Pretax margin | 0.12% | 0.74% | 0.49% | 1.10% | 0.91% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $11,025K ÷ $9,549,320K
= 0.12%
SpartanNash Co's pretax margin has exhibited variability over the past five years, ranging from 0.12% to 1.10%. The pretax margin, which represents the company's ability to generate profit before taxes relative to its total revenue, increased slightly from 0.91% in December 2020 to 1.10% in December 2021. However, it subsequently declined to 0.49% in December 2022 before increasing to 0.74% in December 2023. The most recent data point shows a significant decrease to 0.12% by December 2024. The fluctuations in the pretax margin could be indicative of changing operational efficiencies, cost structures, or changes in the business environment impacting profitability before tax obligations.
Peer comparison
Dec 31, 2024