Vestis Corporation (VSTS)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 241,990 | 269,730 | -17,516 | 4,805 |
| Revenue (ttm) | US$ in thousands | 2,842,513 | 2,825,286 | 2,792,558 | 2,762,895 |
| Pretax margin | 8.51% | 9.55% | -0.63% | 0.17% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $241,990K ÷ $2,842,513K
= 8.51%
The pretax margin of Vestis Corporation has experienced fluctuations over the past year, with values ranging from -0.63% in the second quarter to 9.55% in the first quarter. The positive pretax margins in the first and fourth quarters indicate that the company generated profits before accounting for income taxes during those periods. However, the negative pretax margins in the second and third quarters suggest that the company incurred losses before taxes in those periods. It is important for Vestis Corporation to closely monitor and analyze the factors contributing to these fluctuations in order to enhance profitability and financial performance.
Peer comparison
Dec 31, 2023