Universal Corporation (UVV)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 150,707 | 135,785 | 125,240 | 116,822 | 106,968 |
| Revenue | US$ in thousands | 5,381,540 | 5,054,850 | 4,159,990 | 3,928,210 | 3,761,740 |
| Pretax margin | 2.80% | 2.69% | 3.01% | 2.97% | 2.84% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $150,707K ÷ $5,381,540K
= 2.80%
Universal Corporation's pretax margin has shown some fluctuations over the past five years. In the most recent fiscal year ending March 31, 2024, the pretax margin stood at 2.80%, a slight increase from the previous year's 2.69%. Despite this increase, the pretax margin remains relatively low compared to the peak seen in fiscal year 2022 when it reached 3.01%.
The trend over the past five years indicates some variability in Universal Corporation's ability to generate operating income before taxes as a percentage of revenue. While there have been fluctuations, the company has generally maintained a pretax margin between 2.69% and 3.01% during this period.
It may be beneficial for Universal Corporation to analyze the factors contributing to the fluctuations in pretax margin and identify opportunities to improve profitability. This could involve assessing cost management strategies, revenue growth initiatives, and overall operational efficiency to enhance the company's financial performance in the future.
Peer comparison
Mar 31, 2024