Williams-Sonoma Inc (WSM)
Pretax margin
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,273,355 | 1,273,287 | 1,291,031 | 1,382,013 | 1,500,682 | 1,554,173 | 1,544,316 | 1,501,590 | 1,451,251 | 1,326,413 | 1,265,527 | 1,121,285 | 894,466 | 696,962 | 527,029 | 431,628 | 457,021 | 453,922 | 446,691 | 435,777 |
| Revenue (ttm) | US$ in thousands | 7,750,650 | 7,924,790 | 8,263,710 | 8,538,640 | 8,674,420 | 8,722,370 | 8,577,340 | 8,388,140 | 8,245,940 | 8,043,370 | 7,760,370 | 7,302,810 | 6,788,980 | 6,335,840 | 6,013,770 | 5,893,800 | 5,899,730 | 5,890,850 | 5,805,360 | 5,709,720 |
| Pretax margin | 16.43% | 16.07% | 15.62% | 16.19% | 17.30% | 17.82% | 18.00% | 17.90% | 17.60% | 16.49% | 16.31% | 15.35% | 13.18% | 11.00% | 8.76% | 7.32% | 7.75% | 7.71% | 7.69% | 7.63% |
January 28, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,273,355K ÷ $7,750,650K
= 16.43%
The pretax margin of Williams-Sonoma Inc has exhibited some fluctuation over the past several quarters. The margin has generally been in the range of 15% to 18% during recent quarters, with a peak of 18.00% in July 2022 and a low of 7.32% in August 2020.
The trend shows some variability, with occasional peaks and troughs, indicating potential fluctuations in the company's profitability before taxes in relation to its revenue. Overall, the pretax margin has shown a gradual decrease from the peak in July 2022 to the latest figure of 16.43% in January 2024.
It is essential for investors and stakeholders to monitor this metric closely, as fluctuations in the pretax margin can reflect changes in the company's cost structure, pricing strategy, or overall financial performance.