Capri Holdings Ltd (CPRI)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -241,000 | 679,000 | 903,000 | 19,000 | -192,000 |
| Revenue | US$ in thousands | 5,134,000 | 5,594,000 | 5,664,000 | 4,043,000 | 5,528,000 |
| Operating profit margin | -4.69% | 12.14% | 15.94% | 0.47% | -3.47% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-241,000K ÷ $5,134,000K
= -4.69%
Capri Holdings Ltd's operating profit margin has been fluctuating over the past five years. In the most recent fiscal year as of March 31, 2024, the operating profit margin stood at -4.69%, indicating a negative margin which suggests that the company's operating expenses exceeded its operating income. This could be a concern for investors and stakeholders as it reflects a potential inefficiency in managing costs.
Comparing this to the previous year, where the operating profit margin was 12.14%, we see a significant decline in profitability. The highest operating profit margin was recorded in March 31, 2022, at 15.94%, demonstrating a healthy margin and efficient cost management by the company.
In the years prior to 2022, the operating profit margin was notably lower, with March 31, 2021, at 0.47% and March 31, 2020, at -3.47%. These lower margins indicate challenges in generating profits from operations or controlling expenses effectively.
In conclusion, Capri Holdings Ltd's operating profit margin has been volatile, with fluctuations reflecting varying levels of profitability and efficiency in managing costs over the past five years. Investors and analysts may need to closely monitor the company's operational performance to assess its financial health and sustainability.
Peer comparison
Mar 31, 2024