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Sovos Brands (Sovos Brands) Pre-Tax Income : $46 Mil (TTM As of Dec. 2023)


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What is Sovos Brands Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Sovos Brands's pretax income for the three months ended in Dec. 2023 was $22 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $46 Mil. Sovos Brands's pretax margin was 7.54%.

During the past 5 years, Sovos Brands's highest Pretax Margin was 4.56%. The lowest was -11.80%. And the median was 0.78%.


Sovos Brands Pre-Tax Income Historical Data

The historical data trend for Sovos Brands's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sovos Brands Pre-Tax Income Chart

Sovos Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-45.77 17.50 5.59 -66.34 46.49

Sovos Brands Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -37.68 12.72 8.39 3.36 22.01

Competitive Comparison of Sovos Brands's Pre-Tax Income

For the Packaged Foods subindustry, Sovos Brands's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sovos Brands's Pre-Tax Income Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sovos Brands's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Sovos Brands's Pre-Tax Income falls into.



Sovos Brands Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Sovos Brands's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=80.562+0+-42.58+8.503+0
=46

Sovos Brands's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=30.091+0+-16.58+2.859+5.644
=22

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $46 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sovos Brands  (NAS:SOVO) Pre-Tax Income Explanation

Sovos Brands's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=22.014/292.051
=7.54%

During the past 5 years, Sovos Brands's highest Pretax Margin was 4.56%. The lowest was -11.80%. And the median was 0.78%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sovos Brands Pre-Tax Income Related Terms

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Sovos Brands (Sovos Brands) Business Description

Traded in Other Exchanges
N/A
Address
168 Centennial Parkway, Suite 200, Louisville, CO, USA, 80027
Sovos Brands Inc is a food company in the United States. Its brands are Rao's, noosa, Birch Benders, and Michael Angelo's. Its Rao's products include our Rao's Homemade pasta sauces (including tomato-based sauces, Alfredo sauces, and Pesto sauces), pizza sauces, and dry pasta; Rao's Homestyle meat-based pasta sauces; and Rao's Made for Home frozen entrees and soups.
Executives
Todd R Lachman director, officer: President and CEO
Isobel A Jones officer: CLO, GC and Secretary C/O DIAMOND FOODS, INC., 600 MONTGOMERY STREET, 13TH FLOOR, SAN FRANCISCO CA 94111
Christopher W. Hall officer: Chief Financial Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Katie Gvazdinskas officer: Chief Human Resources Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Kirk A. Jensen officer: Chief Supply Chain Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Risa Cretella officer: Executive Vice President C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Lisa Y. O'driscoll officer: Chief Administrative Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Yuri Hermida officer: Chief Growth Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Corp/ma 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Jefferson M Case director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Neha Mathur director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Robert L Graves director C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Wendy K. Behr officer: Chief R&D Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Priscilla Tuan officer: Chief Marketing Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027