Apogee Enterprises Inc (APOG)
Net profit margin
| Mar 2, 2024 | Feb 25, 2023 | Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 99,613 | 104,107 | 3,486 | 15,436 | 61,914 |
| Revenue | US$ in thousands | 1,416,940 | 1,440,700 | 1,313,980 | 1,230,770 | 1,387,440 |
| Net profit margin | 7.03% | 7.23% | 0.27% | 1.25% | 4.46% |
March 2, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $99,613K ÷ $1,416,940K
= 7.03%
The net profit margin of Apogee Enterprises Inc has shown variability over the past five years. On March 2, 2024, the net profit margin was 7.03%, slightly lower compared to the previous year's 7.23%. In the prior year, on February 26, 2022, the net profit margin was significantly lower at 0.27%, reflecting a sharp decline. The year before, on February 27, 2021, the net profit margin was 1.25%, showing some improvement from the previous year's low. The most recent significant peak was on February 29, 2020, when the net profit margin stood at 4.46%. Overall, the fluctuating trend in the net profit margin of Apogee Enterprises Inc suggests varying levels of profitability over the past five years.