American Woodmark Corporation (AMWD)

Operating profit margin

Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Operating income (ttm) US$ in thousands 161,394 162,921 158,860 155,378 136,352 115,621 97,021 60,549 36,159 39,328 64,389 94,923 114,738 116,582 123,190 131,565 143,892 147,009 145,586 141,694
Revenue (ttm) US$ in thousands 1,848,918 1,882,647 1,938,887 2,024,050 2,066,902 2,081,573 2,062,231 1,955,957 1,857,937 1,835,933 1,805,073 1,796,872 1,738,985 1,640,397 1,634,769 1,611,322 1,635,965 1,631,214 1,635,512 1,645,319
Operating profit margin 8.73% 8.65% 8.19% 7.68% 6.60% 5.55% 4.70% 3.10% 1.95% 2.14% 3.57% 5.28% 6.60% 7.11% 7.54% 8.17% 8.80% 9.01% 8.90% 8.61%

April 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $161,394K ÷ $1,848,918K
= 8.73%

The operating profit margin of American Woodmark Corporation has displayed a fluctuating trend over the past two years. From Oct 31, 2019, to Jul 31, 2020, the margin ranged between 8.90% and 7.54%. Subsequently, the margin improved, reaching a peak of 8.80% on Jan 31, 2020, followed by a slight dip to 8.17% on Oct 31, 2020.

However, from Jan 31, 2021, to Jul 31, 2022, the operating profit margin exhibited a steady increase from 7.11% to 3.10%, showing a significant improvement over this period. This positive trend peaked at 8.73% on Apr 30, 2024, indicating an upward trajectory in the company's profitability.

Overall, the operating profit margin of American Woodmark Corporation has demonstrated volatility but has generally shown an upward trend since Jan 31, 2021, reflecting improvements in operational efficiency and profitability. Further monitoring of this metric will be crucial to assess the company's financial performance in the future.