WD-40 Company (WDFC)
Pretax margin
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 91,508 | 90,945 | 89,470 | 90,531 | 85,163 | 81,212 | 75,140 | 78,676 | 84,108 | 77,193 | 85,803 | 81,615 | 86,499 | 99,896 | 92,067 | 89,243 | 75,515 | 73,227 | 76,763 | 78,944 |
| Revenue (ttm) | US$ in thousands | 587,047 | 570,084 | 555,159 | 545,753 | 531,830 | 524,985 | 507,863 | 508,545 | 517,038 | 501,187 | 514,594 | 497,126 | 488,109 | 484,515 | 446,357 | 434,501 | 408,498 | 403,596 | 419,338 | 420,624 |
| Pretax margin | 15.59% | 15.95% | 16.12% | 16.59% | 16.01% | 15.47% | 14.80% | 15.47% | 16.27% | 15.40% | 16.67% | 16.42% | 17.72% | 20.62% | 20.63% | 20.54% | 18.49% | 18.14% | 18.31% | 18.77% |
August 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $91,508K ÷ $587,047K
= 15.59%
WD-40 Company's pretax margin has shown some fluctuation over the past years. The pretax margin represents the company's profitability before taxes as a percentage of its total revenue.
In the most recent period, ending on August 31, 2024, the pretax margin was 15.59%. This indicates that for every dollar of revenue generated, the company retained approximately 15.59 cents as pre-tax profit.
The pretax margin has varied between 14.80% to 20.63% over the last 20 periods. The trend shows relatively consistent profitability with some peaks and troughs. The highest pretax margin was recorded in May 31, 2021, at 20.63%, while the lowest margin of 14.80% was seen on February 28, 2023.
Overall, WD-40 Company has demonstrated a generally stable pretax margin performance with occasional fluctuations. Monitoring this ratio can provide insights into the company's operational efficiency and financial health.
Peer comparison
Aug 31, 2024