Buckle Inc (BKE)

Net profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Net income (ttm)	US$ in thousands	219,919	228,180	237,804	242,308	254,626	250,699	251,530	252,805	254,820	236,511	215,929	199,192	130,139	111,512	95,861	77,553	104,429	98,585	93,077	92,362
Revenue (ttm)	US$ in thousands	1,261,102	1,280,525	1,309,409	1,318,957	1,345,187	1,324,311	1,311,402	1,304,546	1,294,607	1,232,512	1,164,085	1,084,990	901,278	853,446	826,562	814,354	900,254	893,663	884,649	881,912
Net profit margin		17.44%	17.82%	18.16%	18.37%	18.93%	18.93%	19.18%	19.38%	19.68%	19.19%	18.55%	18.36%	14.44%	13.07%	11.60%	9.52%	11.60%	11.03%	10.52%	10.47%

February 3, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $219,919K ÷ $1,261,102K
= 17.44%

Buckle Inc's net profit margin has shown some fluctuation over the past few quarters, ranging from a high of 19.68% in Jan 29, 2022, to a low of 9.52% in May 2, 2020. However, the overall trend appears to be relatively stable and healthy, with the net profit margin hovering around the high teens to low double digits.

The company has demonstrated consistently strong profitability, with margins consistently above 10% in recent quarters. This indicates that Buckle Inc is effectively managing its expenses and generating sufficient revenue to generate strong profits relative to its total revenue.

It's worth noting that the net profit margin dipped to 9.52% in May 2, 2020, possibly due to various economic factors or internal challenges. However, the company was able to recover and maintain a double-digit net profit margin in subsequent quarters, showcasing its resilience and ability to adapt to changing market conditions.

Overall, Buckle Inc's net profit margin paints a picture of a company with solid profitability and effective cost management practices, which is essential for long-term sustainable growth and success in the competitive retail industry.