Acuity Brands Inc (AYI)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 422,600 | 346,000 | 384,000 | 306,300 | 248,300 |
| Revenue | US$ in thousands | 3,835,700 | 3,913,100 | 3,981,400 | 3,461,000 | 3,326,300 |
| Net profit margin | 11.02% | 8.84% | 9.64% | 8.85% | 7.46% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $422,600K ÷ $3,835,700K
= 11.02%
The net profit margin of Acuity Brands Inc has shown a generally positive trend over the past five years, with fluctuations being observed. From 2020 to 2024, the net profit margin increased from 7.46% to 11.02%. This indicates that for every dollar of revenue generated, the company has been able to retain 11.02 cents as net profit in the most recent fiscal year.
The improvement in net profit margin suggests enhanced efficiency in cost management and better profitability. It shows the company's ability to control costs and generate higher profits from its operations. The increase in net profit margin from 2020 to 2024 highlights the company's focus on enhancing operational efficiency and profitability.
While there were fluctuations in the net profit margin over the years, the overall trend indicates a positive trajectory for Acuity Brands Inc. This metric reflects the company's ability to generate profits relative to its revenue and is a key indicator of financial health and performance.
Peer comparison
Aug 31, 2024