Reed'S (REED) EBIT Margin (2016 - 2024)
Historic EBIT Margin for Reed'S (REED) over the last 16 years, with Q3 2024 value amounting to 46.48%.
- Reed'S's EBIT Margin fell 452700.0% to 46.48% in Q3 2024 from the same period last year, while for Sep 2024 it was 23.57%, marking a year-over-year decrease of 66400.0%. This contributed to the annual value of 21.06% for FY2023, which is 69100.0% up from last year.
- According to the latest figures from Q3 2024, Reed'S's EBIT Margin is 46.48%, which was down 452700.0% from 5.63% recorded in Q2 2024.
- In the past 5 years, Reed'S's EBIT Margin ranged from a high of 1.21% in Q3 2023 and a low of 46.48% during Q3 2024
- Its 5-year average for EBIT Margin is 24.77%, with a median of 24.37% in 2022.
- Per our database at Business Quant, Reed'S's EBIT Margin skyrocketed by 301000bps in 2020 and then crashed by -452700bps in 2024.
- Quarter analysis of 5 years shows Reed'S's EBIT Margin stood at 13.21% in 2020, then plummeted by -158bps to 34.09% in 2021, then grew by 29bps to 24.37% in 2022, then tumbled by -74bps to 42.32% in 2023, then fell by -10bps to 46.48% in 2024.
- Its EBIT Margin was 46.48% in Q3 2024, compared to 5.63% in Q2 2024 and 6.77% in Q1 2024.