Adtalem Global Education Inc (ATGE)

Net profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	136,777	93,358	310,991	70,027	-85,334
Revenue	US$ in thousands	1,584,650	1,450,830	1,381,840	899,248	866,427
Net profit margin		8.63%	6.43%	22.51%	7.79%	-9.85%

June 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $136,777K ÷ $1,584,650K
= 8.63%

The net profit margin of Adtalem Global Education Inc has exhibited fluctuations over the past five years.

In Jun 30, 2024, the net profit margin stood at 8.63%, reflecting a moderate increase from the previous year's 6.43%. This improvement suggests that the company was able to better control its expenses relative to its revenue, resulting in a higher percentage of net income generated from each dollar of revenue.

In contrast, the net profit margin was significantly higher in Jun 30, 2022, at 22.51%, indicating a strong profitability level during that year. This substantial margin suggests that the company was efficiently managing its costs and expenses, resulting in a greater proportion of revenue translating into net profit.

The net profit margin for Jun 30, 2021 was 7.79%, reflecting a slight decrease compared to the previous year. This decrease may indicate that the company faced challenges in managing its costs effectively, resulting in a lower profitability level.

Notably, in Jun 30, 2020, the net profit margin was negative at -9.85%, indicating that the company incurred a net loss during that year. This negative margin suggests that the company's expenses exceeded its revenue, resulting in a loss rather than a profit.

Overall, the fluctuations in Adtalem Global Education Inc's net profit margin over the past five years indicate varying levels of efficiency in cost management and revenue generation. Further analysis would be necessary to understand the factors driving these changes and to assess the company's overall financial performance.