Treehouse Foods Inc (THS)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 77,500 | -138,000 | -33,800 | -47,300 | -406,500 |
| Revenue | US$ in thousands | 3,431,600 | 3,454,000 | 2,945,900 | 2,994,300 | 4,288,900 |
| Pretax margin | 2.26% | -4.00% | -1.15% | -1.58% | -9.48% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $77,500K ÷ $3,431,600K
= 2.26%
Treehouse Foods Inc's pretax margin has fluctuated over the past five years, ranging from -3.63% in 2019 to 2.43% in 2023. The trend reflects varying levels of efficiency in generating profits before taxes relative to its total revenue in different years. The positive pretax margin in 2023 indicates that the company was able to improve its profitability compared to the previous years, except for a slight dip to -0.23% in 2022. However, it is important to note that the margins have been relatively low overall, with negative margins recorded in three out of the five years analyzed. This suggests that Treehouse Foods Inc may face challenges in controlling its expenses or maximizing its revenue, which could impact its overall financial performance. Further analysis would be needed to understand the specific factors driving these fluctuations in pretax margin and to determine the company's overall financial health.
Peer comparison
Dec 31, 2023