Acuity Brands Inc (AYI)
Net profit margin
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 346,000 | 384,000 | 306,300 | 248,300 | 330,400 |
| Revenue | US$ in thousands | 3,913,100 | 3,981,400 | 3,461,000 | 3,326,300 | 3,672,700 |
| Net profit margin | 8.84% | 9.64% | 8.85% | 7.46% | 9.00% |
August 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $346,000K ÷ $3,913,100K
= 8.84%
The net profit margin of Acuity Brands, Inc. has exhibited some fluctuations over the past five years. In 2023, the net profit margin decreased to 8.75% from 9.59% in 2022. This decline in net profit margin may indicate a decrease in the company's profitability relative to its revenue, potentially influenced by changes in expenses or a decrease in sales. However, it is important to consider the industry and economic factors that may have contributed to this trend. Over the longer term, the company's net profit margin has shown variability, with the highest margin observed in 2019 at 9.00% and the lowest in 2020 at 7.46%. Further analysis of the company's financial and operational performance may provide insights into the drivers of these fluctuations.
Peer comparison
Aug 31, 2023