AAR Corp (AIR)
Net profit margin
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 46,300 | 90,200 | 78,700 | 35,800 | 4,400 |
| Revenue | US$ in thousands | 2,272,900 | 1,977,600 | 1,815,900 | 1,627,100 | 2,062,700 |
| Net profit margin | 2.04% | 4.56% | 4.33% | 2.20% | 0.21% |
May 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $46,300K ÷ $2,272,900K
= 2.04%
The net profit margin of AAR Corp has fluctuated over the past five years. In May 2024, the net profit margin was 2.04%, a decrease from the previous year's 4.56%. This indicates a decline in the company's ability to convert revenue into profit compared to the prior year. However, it is still higher than the 2.20% reported in May 2021 and the 0.21% in May 2020.
Overall, the trend in the net profit margin of AAR Corp shows some variation, with fluctuations in profitability levels over the years. It is important for the company to closely monitor and manage its expenses and revenue generation strategies to improve and maintain a healthy net profit margin in the future.
Peer comparison
May 31, 2024