AZZ Incorporated (AZZ)
Net profit margin
| Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 101,607 | -52,974 | 84,022 | 39,614 | 48,234 |
| Revenue | US$ in thousands | 1,537,590 | 1,323,650 | 525,598 | 480,574 | 1,061,820 |
| Net profit margin | 6.61% | -4.00% | 15.99% | 8.24% | 4.54% |
February 29, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $101,607K ÷ $1,537,590K
= 6.61%
Net profit margin, a key financial metric indicating the proportion of revenue that translates into profit after all expenses have been deducted, for AZZ Incorporated has shown varying trends over the past five years. In fiscal year 2024, the company achieved a net profit margin of 6.61%, indicating that 6.61% of its total revenue resulted in net profit. This marks an improvement compared to the previous year when the company had a negative net profit margin of -4.00%, implying losses were incurred.
Looking back further, in fiscal year 2023, AZZ Incorporated had a net profit margin of 15.99%, signaling a strong profitability performance. This was followed by a margin of 8.24% in fiscal year 2021 and 4.54% in fiscal year 2020. The upward trend from 2020 to 2021 followed by a dip in 2023 and a recovery in 2024 suggests some fluctuations in the company's ability to generate profits relative to its revenue.
Overall, while AZZ Incorporated has shown positive net profit margins in most years, the variations in performance indicate the need for continued monitoring and potential strategic adjustments to maintain and improve profitability levels over time.
Peer comparison
Feb 29, 2024