Wolverine World Wide Inc (WWW)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 61,600 | -169,200 | -189,200 | -176,800 | -134,200 | -397,600 | -363,400 | -236,600 | -252,900 | 194,100 | 149,800 | 46,600 | 80,300 | -123,700 | -92,600 | -148,100 | -184,100 | 26,900 | 57,500 | 108,800 |
| Revenue (ttm) | US$ in thousands | 1,755,000 | 1,787,000 | 1,874,500 | 2,038,400 | 2,242,900 | 2,381,200 | 2,544,900 | 2,669,400 | 2,684,800 | 2,655,400 | 2,600,700 | 2,519,000 | 2,414,900 | 2,288,900 | 2,145,300 | 1,862,500 | 1,791,100 | 1,888,900 | 1,970,100 | 2,189,600 |
| Pretax margin | 3.51% | -9.47% | -10.09% | -8.67% | -5.98% | -16.70% | -14.28% | -8.86% | -9.42% | 7.31% | 5.76% | 1.85% | 3.33% | -5.40% | -4.32% | -7.95% | -10.28% | 1.42% | 2.92% | 4.97% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $61,600K ÷ $1,755,000K
= 3.51%
The pretax margin of Wolverine World Wide Inc has demonstrated significant fluctuations over the period highlighted in the data. The pretax margin started positively at 4.97% as of March 31, 2020, but gradually declined, reaching a low of -16.70% as of September 30, 2023. From there, it showed some recovery, reaching a positive pretax margin of 3.51% by December 31, 2024.
The company faced challenges with negative pretax margins throughout most of 2021 and 2022, indicating potential struggles with profitability and cost management during those periods. Recovery and stability were observed towards the end of the period covered, with increasingly positive pretax margins as of June 30, 2024, and December 31, 2024.
It is essential for Wolverine World Wide Inc to closely monitor and effectively manage its pretax margin to ensure sustainable profitability and financial health in the future. Further analysis of the underlying factors influencing these fluctuations would be valuable for stakeholders and management to make informed decisions to drive the company's financial performance.
Peer comparison
Dec 31, 2024