Acuity Brands Inc (AYI)
Operating profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 553,300 | 473,400 | 509,700 | 427,600 | 353,900 |
| Revenue | US$ in thousands | 3,835,700 | 3,913,100 | 3,981,400 | 3,461,000 | 3,326,300 |
| Operating profit margin | 14.43% | 12.10% | 12.80% | 12.35% | 10.64% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $553,300K ÷ $3,835,700K
= 14.43%
Acuity Brands Inc's operating profit margin has shown a generally positive trend over the past five years. The margin increased from 10.64% in August 2020 to 14.43% in August 2024. This suggests improved operational efficiency and profitability. Despite some fluctuations, the company has managed to maintain a relatively healthy operating profit margin above 12% in the last four years, indicating effective cost management and revenue generation strategies. The upward trend in the operating profit margin reflects the company's ability to generate more profit from its core business operations over time. Overall, Acuity Brands Inc's operating profit margin trend demonstrates a positive financial performance and management effectiveness.
Peer comparison
Aug 31, 2024