SpartanNash Co (SPTN)
Pretax margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 11,025 | 64,195 | 63,552 | 61,994 | 70,939 | 83,398 | 82,584 | 81,770 | 56,165 | 43,060 | 43,314 | 36,752 | 59,415 | 69,578 | 85,955 | 98,481 | 94,028 | 92,512 | 84,782 | 90,927 |
Revenue (ttm) | US$ in thousands | 9,549,320 | 9,532,880 | 9,546,450 | 9,579,940 | 9,086,070 | 9,153,280 | 9,796,420 | 10,439,560 | 10,436,210 | 10,420,330 | 9,809,450 | 9,175,950 | 9,630,570 | 10,097,720 | 9,894,640 | 9,694,000 | 9,003,590 | 8,346,490 | 8,359,620 | 8,944,170 |
Pretax margin | 0.12% | 0.67% | 0.67% | 0.65% | 0.78% | 0.91% | 0.84% | 0.78% | 0.54% | 0.41% | 0.44% | 0.40% | 0.62% | 0.69% | 0.87% | 1.02% | 1.04% | 1.11% | 1.01% | 1.02% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $11,025K ÷ $9,549,320K
= 0.12%
The pretax margin of SpartanNash Co has exhibited fluctuations over the period from September 30, 2021, to December 31, 2024. The pretax margin started at a relatively low level of 1.02% in September 2021 and remained relatively stable around 1% in the following periods, with slight variations up to 1.11% by December 2021. There was a slight dip to 1.04% in March 2022.
However, the pretax margin started to decline more noticeably from June 2022, dropping to 0.87% by the end of that quarter. The trend of declining pretax margins continued into the subsequent periods, reaching its lowest point at the end of December 2024, at 0.12%.
Overall, the pretax margin of SpartanNash Co reflects a general downward trend over the period under consideration. This downward trend may indicate decreasing profitability relative to sales revenue before accounting for taxes and could potentially signal challenges in managing costs or generating higher revenues.
Peer comparison
Dec 31, 2024