Urban Outfitters Inc (URBN)

Pretax margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	500,172	433,291	407,142	390,075	381,607	358,758	301,374	249,433	221,279	231,979	295,031	375,531	404,631	388,337	370,604	275,434	3,513	7,547	-14,226	-1,553
Revenue (ttm)	US$ in thousands	5,550,670	5,400,740	5,320,050	5,240,290	5,153,230	5,051,610	4,945,790	4,856,980	4,795,240	4,742,870	4,698,940	4,673,270	4,548,755	4,304,945	4,143,132	3,788,678	3,449,746	3,530,936	3,548,798	3,707,861
Pretax margin		9.01%	8.02%	7.65%	7.44%	7.41%	7.10%	6.09%	5.14%	4.61%	4.89%	6.28%	8.04%	8.90%	9.02%	8.95%	7.27%	0.10%	0.21%	-0.40%	-0.04%

January 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $500,172K ÷ $5,550,670K
= 9.01%

Urban Outfitters Inc's pretax margin has exhibited fluctuations over the past few years, starting from a negative figure in April 2020 to gradually increasing to a peak of 9.01% in January 2025. The company experienced a significant improvement in profitability from the negative margins in 2020 to reaching consistently positive margins from April 2021 onwards. The pretax margin has shown a generally increasing trend, with occasional dips, indicating an overall positive financial performance in terms of generating profits before taxes relative to its revenues. The steady rise in pretax margin suggests effective cost management or revenue growth strategies implemented by the company during this period. It will be essential for Urban Outfitters Inc to continue monitoring and managing its pretax margin to sustain its profitability and financial health in the future.