Winnebago Industries Inc (WGO)
Pretax margin
| Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 158,600 | 233,900 | 279,200 | 335,000 | 414,400 | 464,700 | 514,700 | 514,186 | 451,986 | 422,220 | 367,500 | 312,105 | 203,266 | 134,295 | 77,276 | 63,055 | 124,482 | 127,983 | 138,909 | 140,134 |
| Revenue (ttm) | US$ in thousands | 3,119,700 | 3,282,800 | 3,470,200 | 3,872,190 | 4,424,220 | 4,717,230 | 4,916,430 | 4,773,490 | 4,277,556 | 3,952,980 | 3,594,235 | 3,306,092 | 2,748,414 | 2,536,739 | 2,332,393 | 2,124,982 | 2,259,904 | 2,074,435 | 1,985,674 | 1,991,466 |
| Pretax margin | 5.08% | 7.13% | 8.05% | 8.65% | 9.37% | 9.85% | 10.47% | 10.77% | 10.57% | 10.68% | 10.22% | 9.44% | 7.40% | 5.29% | 3.31% | 2.97% | 5.51% | 6.17% | 7.00% | 7.04% |
February 24, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $158,600K ÷ $3,119,700K
= 5.08%
The pretax margin of Winnebago Industries Inc has shown some fluctuations over the period analyzed. It started at 7.04% in May 2019, increased to 8.65% by May 2023, but then decreased to 5.08% by February 2024. The highest pretax margin achieved was 10.77% in May 2022.
The pretax margin measures the percentage of each dollar of revenue that represents profit before taxes are deducted. A higher pretax margin indicates that the company is more efficient at controlling its operating expenses relative to its revenue.
The downward trend observed from May 2022 to February 2024 could indicate potential challenges in managing costs or generating revenue efficiently. It would be advisable for the company to analyze the underlying factors contributing to these changes in pretax margin and take corrective actions to improve profitability.
Peer comparison
Feb 24, 2024