SpartanNash Co (SPTN)
Pretax margin
| Dec 31, 2023 | Oct 7, 2023 | Jul 15, 2023 | Apr 22, 2023 | Dec 31, 2022 | Oct 8, 2022 | Apr 23, 2022 | Dec 31, 2021 | Oct 9, 2021 | Jul 17, 2021 | Apr 24, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jul 11, 2020 | Apr 18, 2020 | Dec 31, 2019 | Oct 5, 2019 | Jul 13, 2019 | Apr 20, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 70,125 | 56,979 | 56,419 | 53,477 | 70,108 | 88,318 | 96,965 | 98,657 | 82,293 | 88,082 | 95,803 | 85,364 | 76,389 | 48,880 | 8,740 | 3,400 | -21,137 | 695 | 33,469 | 40,479 |
| Revenue (ttm) | US$ in thousands | 9,729,210 | 9,793,070 | 9,825,330 | 10,276,600 | 9,462,640 | 9,226,850 | 9,036,900 | 8,931,040 | 9,084,720 | 9,072,290 | 9,149,830 | 9,348,490 | 9,099,330 | 9,038,320 | 8,850,150 | 8,536,070 | 8,434,920 | 8,321,840 | 8,221,860 | 8,064,550 |
| Pretax margin | 0.72% | 0.58% | 0.57% | 0.52% | 0.74% | 0.96% | 1.07% | 1.10% | 0.91% | 0.97% | 1.05% | 0.91% | 0.84% | 0.54% | 0.10% | 0.04% | -0.25% | 0.01% | 0.41% | 0.50% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $70,125K ÷ $9,729,210K
= 0.72%
Pretax margin is a key financial ratio that indicates how efficiently a company generates profits before taxes relative to its total revenue. Based on the historical data provided for SpartanNash Co, the pretax margin has fluctuated over the periods analyzed. The pretax margin for SpartanNash Co ranged from -0.25% to 1.10% during the timeframe specified.
The pretax margin was highest at 1.10% on April 23, 2022, and lowest at -0.25% on December 31, 2018. The company experienced a downward trend in pretax margin from 2022 to 2023, decreasing from 1.07% to 0.52%. However, there was a slight increase in October 2023 compared to the previous quarter.
The variability in pretax margin may indicate changes in the company's cost structure, pricing strategy, or operational efficiency that impact its profitability. It is essential for SpartanNash Co to closely monitor and manage its pretax margin to ensure sustainable and profitable operations.
Peer comparison
Dec 31, 2023