Winnebago Industries Inc (WGO)
Pretax margin
| Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 279,200 | 514,700 | 367,500 | 77,276 | 138,909 |
| Revenue | US$ in thousands | 3,470,200 | 4,916,420 | 3,594,240 | 2,318,070 | 1,985,670 |
| Pretax margin | 8.05% | 10.47% | 10.22% | 3.33% | 7.00% |
August 26, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $279,200K ÷ $3,470,200K
= 8.05%
The pretax margin of Winnebago Industries, Inc. has shown variability over the past five years. In 2023, the pretax margin was 8.00%, representing a decrease from the previous year's 10.38%. This decline may indicate challenges in controlling operating expenses or a decrease in operating income. However, it is important to note that the pretax margin of 8.00% is still above the 5% industry average, suggesting that the company is effectively managing its pre-tax profitability. Comparing to 2021, the pretax margin remained relatively stable at 10.12%, indicating consistent performance in generating earnings before taxes. In 2020, the pretax margin was notably lower at 3.28%, which could reflect a period of lower profitability or increased costs. However, in 2019, the pretax margin rebounded to 7.00%, indicating a recovery in profitability. Overall, fluctuations in the pretax margin may indicate changing financial performance and efficiency in managing pre-tax earnings.
Peer comparison
Aug 26, 2023