USANA Health Sciences Inc (USNA)
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 | 102,453 | 108,621 | 170,642 | 177,948 | 150,496 |
| Revenue | US$ in thousands | 923,915 | 1,001,720 | 1,190,170 | 1,137,750 | 1,060,900 |
| Pretax margin | 11.09% | 10.84% | 14.34% | 15.64% | 14.19% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $102,453K ÷ $923,915K
= 11.09%
USANA Health Sciences Inc's pretax margin has shown some fluctuations over the past five years. In 2023, the pretax margin was 11.09%, slightly higher than the previous year's margin of 10.84%. However, this is lower than the margins reported in 2021 (14.34%) and 2020 (15.64%). The lowest pretax margin among the years analyzed was in 2019 at 14.19%.
Overall, USANA's pretax margin has varied but has generally remained in the double-digit range, indicating a consistent level of profitability before taxes. Further analysis would be required to understand the specific factors driving the fluctuations in the pretax margin over the years.