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Roots (TSX:ROOT) Pretax Margin % : 18.36% (As of Jan. 2024)


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What is Roots Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Roots's Pre-Tax Income for the three months ended in Jan. 2024 was C$19.9 Mil. Roots's Revenue for the three months ended in Jan. 2024 was C$108.2 Mil. Therefore, Roots's pretax margin for the quarter that ended in Jan. 2024 was 18.36%.

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

TSX:ROOT' s Pretax Margin % Range Over the Past 10 Years
Min: -21.97   Med: 4.1   Max: 11.39
Current: 1.01


TSX:ROOT's Pretax Margin % is ranked worse than
62.64% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 3.01 vs TSX:ROOT: 1.01

Roots Pretax Margin % Historical Data

The historical data trend for Roots'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.

Roots Pretax Margin % Chart

Roots Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only -21.97 7.47 11.39 3.53 1.01

Roots Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.97 -26.01 -14.57 1.22 18.36

Competitive Comparison of Roots's Pretax Margin %

For the Apparel Retail subindustry, Roots'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.


Roots's Pretax Margin % Distribution in the Retail - Cyclical Industry

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

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



Roots 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.

Roots's Pretax Margin for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=2.655/262.668
=1.01 %

Roots's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=19.871/108.234
=18.36 %

* 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.


Roots  (TSX:ROOT) 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.


Roots Pretax Margin % Related Terms

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Roots (TSX:ROOT) Business Description

Traded in Other Exchanges
Address
1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4
Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.
Executives
Edward Hume Kernaghan 10% Security Holder