Treehouse Foods Inc (THS)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 77,000 | 52,600 | -45,900 | -112,000 | -139,400 | -162,300 | -68,300 | -27,400 | -20,800 | 3,300 | 20,100 | 25,400 | -47,300 | -15,900 | -253,200 | -444,100 | -406,500 | -439,000 | -219,200 | -66,100 |
| Revenue (ttm) | US$ in thousands | 3,512,500 | 3,723,700 | 3,693,300 | 3,659,900 | 3,537,700 | 3,232,000 | 3,150,800 | 3,279,600 | 3,500,200 | 2,763,200 | 3,057,200 | 3,160,100 | 3,251,800 | 4,312,000 | 4,323,600 | 4,307,000 | 4,288,900 | 4,630,500 | 4,967,200 | 5,397,700 |
| Pretax margin | 2.19% | 1.41% | -1.24% | -3.06% | -3.94% | -5.02% | -2.17% | -0.84% | -0.59% | 0.12% | 0.66% | 0.80% | -1.45% | -0.37% | -5.86% | -10.31% | -9.48% | -9.48% | -4.41% | -1.22% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $77,000K ÷ $3,512,500K
= 2.19%
Treehouse Foods Inc's pretax margin has shown variability over the past eight quarters. The trend indicates a positive performance improvement, with the margin gradually increasing from negative figures in Q4 2022 to 2.43% in Q4 2023. Despite some fluctuations, the company has demonstrated an overall upward trajectory in pretax margin. It is important to closely monitor this metric in future quarters to assess the company's ability to maintain and further improve its profitability before tax.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
Treehouse Foods Inc
THS
2.19%
Kraft Heinz Co
KHC
14.06%
Lamb Weston Holdings Inc
LW
14.79%
Lancaster Colony Corporation
LANC
10.98%