Apogee Enterprises Inc (APOG)
Net profit margin
| Mar 2, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | Jun 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 99,613 | 104,099 | 100,890 | 104,952 | 104,107 | 67,612 | 54,904 | 15,399 | 3,485 | -22,613 | 3,603 | 23,377 | 15,436 | 69,765 | 47,726 | 49,347 | 61,914 | 37,873 | 44,530 | 45,764 |
| Revenue (ttm) | US$ in thousands | 2,547,564 | 2,501,973 | 2,557,103 | 2,594,503 | 2,585,810 | 2,517,893 | 2,118,478 | 1,700,683 | 1,312,727 | 1,276,688 | 1,255,080 | 1,248,514 | 1,210,378 | 1,253,972 | 1,279,807 | 1,318,706 | 1,387,439 | 1,396,594 | 1,416,396 | 1,421,471 |
| Net profit margin | 3.91% | 4.16% | 3.95% | 4.05% | 4.03% | 2.69% | 2.59% | 0.91% | 0.27% | -1.77% | 0.29% | 1.87% | 1.28% | 5.56% | 3.73% | 3.74% | 4.46% | 2.71% | 3.14% | 3.22% |
March 2, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $99,613K ÷ $2,547,564K
= 3.91%
The net profit margin of Apogee Enterprises Inc has shown fluctuation over the past several quarters. The company's net profit margin ranged from a low of -1.77% in the third quarter of 2022 to a high of 5.56% in the fourth quarter of 2020. The trend indicates that the company's profitability has been inconsistent, with some quarters performing better than others.
It is worth noting that the net profit margin improved in the recent quarters, showing a positive trajectory. The last reported net profit margin of 3.91% in the first quarter of 2024 is higher compared to the previous quarter, indicating a potential improvement in the company's profitability.
Overall, while the company has experienced fluctuations in its net profit margin, the recent trend suggests a positive direction. It is essential for investors and stakeholders to closely monitor the company's financial performance to assess sustainability and growth prospects.