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Sweetgreen (Sweetgreen) Pretax Margin % : -16.46% (As of Mar. 2024)


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What is Sweetgreen Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sweetgreen's Pre-Tax Income for the three months ended in Mar. 2024 was $-26.0 Mil. Sweetgreen's Revenue for the three months ended in Mar. 2024 was $157.9 Mil. Therefore, Sweetgreen's pretax margin for the quarter that ended in Mar. 2024 was -16.46%.

The historical rank and industry rank for Sweetgreen's Pretax Margin % or its related term are showing as below:

SG' s Pretax Margin % Range Over the Past 10 Years
Min: -64.01   Med: -40.22   Max: -17.13
Current: -17.13


SG's Pretax Margin % is ranked worse than
87.97% of 349 companies
in the Restaurants industry
Industry Median: 2.97 vs SG: -17.13

Sweetgreen Pretax Margin % Historical Data

The historical data trend for Sweetgreen's Pretax Margin % 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.

* Premium members only.

Sweetgreen Pretax Margin % Chart

Sweetgreen Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-24.77 -64.01 -45.02 -40.22 -19.35

Sweetgreen Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 -26.66 -17.66 -16.12 -18.29 -16.46

Competitive Comparison of Sweetgreen's Pretax Margin %

For the Restaurants subindustry, Sweetgreen's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Sweetgreen's Pretax Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Sweetgreen's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sweetgreen's Pretax Margin % falls into.



Sweetgreen Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Sweetgreen's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-113.005/584.041
=-19.35 %

Sweetgreen's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-25.977/157.85
=-16.46 %

* 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.


Sweetgreen  (NYSE:SG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Sweetgreen Pretax Margin % Related Terms

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Sweetgreen (Sweetgreen) Business Description

Traded in Other Exchanges
N/A
Address
3102 36th Street, Los Angeles, CA, USA, 90018
Sweetgreen Inc is a next-generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.
Executives
Jonathan Neman director, officer: Chief Executive Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Nicolas Jammet director, officer: Chief Concept Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Nathaniel Ru director, officer: Chief Brand Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Adrienne Gemperle officer: Chief People Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
James Mcphail officer: Chief Development Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Mitch Reback officer: Chief Financial Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Wouleta Ayele officer: Chief Technology Officer C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Daniel Shlossman officer: SVP, Digital and Growth C/O SWEETGREEN, INC., 3101 W. EXPOSITION BOULEVARD, LOS ANGELES CA 90018
Chris Carr officer: Chief Operating Officer 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Clifford Burrows director 2401 UTAH AVE. S., SUITE 800, SEATTLE WA 98134
Valerie B Jarrett director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Julie Bornstein director C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Bradley E Singer director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Youngme E Moon director 75 NETWORK DRIVE, BURLINGTON MA 01803
Stephen M Case director 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036