Buckle Inc (BKE)
Net profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 195,468 | 219,919 | 219,919 | 254,626 | 254,626 |
| Revenue | US$ in thousands | 1,217,690 | 1,261,100 | 1,261,100 | 1,345,190 | 1,345,190 |
| Net profit margin | 16.05% | 17.44% | 17.44% | 18.93% | 18.93% |
January 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $195,468K ÷ $1,217,690K
= 16.05%
Based on the provided data, Buckle Inc's net profit margin has exhibited a gradual decline over the reporting periods. The net profit margin was recorded at 18.93% for both January 28, 2023, and January 31, 2023. However, there was a slight decrease to 17.44% for January 31, 2024, which remained consistent for February 3, 2024. Subsequently, the net profit margin further decreased to 16.05% for January 31, 2025.
This downward trend in the net profit margin may indicate a decrease in the company's profitability relative to its revenue over time. It is essential for Buckle Inc to further analyze the factors contributing to this decline in order to identify areas for improvement and make strategic decisions to enhance profitability in the future.
Peer comparison
Jan 31, 2025