American Woodmark Corporation (AMWD)
Net profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 116,216 | 93,723 | -29,722 | 61,193 | 83,688 |
| Revenue | US$ in thousands | 1,847,500 | 2,066,200 | 1,857,190 | 1,744,010 | 1,645,320 |
| Net profit margin | 6.29% | 4.54% | -1.60% | 3.51% | 5.09% |
April 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $116,216K ÷ $1,847,500K
= 6.29%
The net profit margin of American Woodmark Corporation has shown fluctuating trends over the past five years. In 2024, the net profit margin improved to 6.29%, which indicates that the company generated $0.0629 of profit for every dollar of sales after deducting all expenses. This increase from the previous year's margin of 4.54% suggests improved efficiency in managing costs and generating profits.
In 2022, the net profit margin was negative at -1.60%, indicating that the company incurred a loss rather than a profit during that period. This negative margin could be attributed to various factors such as increased expenses, lower sales, or one-time charges impacting profitability.
The net profit margin rebounded in 2021 to 3.51% after a negative performance in the previous year. The 2019 margin of 5.09% was higher compared to 2021, indicating a slight decline in profitability over the two-year period.
Overall, the fluctuating trend in American Woodmark Corporation's net profit margin highlights the company's ability to adapt to changing market conditions and effectively manage costs to enhance profitability.