CSW Industrials Inc (CSWI)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 101,648 | 96,435 | 66,385 | 40,099 | 45,717 |
| Revenue | US$ in thousands | 792,840 | 757,904 | 626,435 | 419,205 | 385,871 |
| Net profit margin | 12.82% | 12.72% | 10.60% | 9.57% | 11.85% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $101,648K ÷ $792,840K
= 12.82%
The net profit margin of CSW Industrials Inc has demonstrated a generally increasing trend over the past five years, indicating improvements in the company's profitability. As of March 31, 2024, the net profit margin stood at 12.78%, representing a slight increase from the previous year's figure of 12.73%. This suggests that the company effectively managed its costs and expenses relative to its revenue, resulting in a higher percentage of each dollar of sales translating into profits.
Comparing the latest net profit margin to the figures from earlier years, we observe a notable progression in profitability. The net profit margin has steadily increased from 9.56% in March 31, 2021, to its current level of 12.78% in March 31, 2024. This upward trend indicates the company's ability to generate more profits from its operations over time.
Although there was a dip in the net profit margin in March 31, 2022, compared to the previous year, the subsequent recovery and growth in profitability reflect a positive financial performance trajectory. The consistent improvement in net profit margin underscores CSW Industrials Inc's focus on enhancing operational efficiencies, controlling costs, and driving revenue growth.
In conclusion, the increasing trend in CSW Industrials Inc's net profit margin signifies the company's success in optimizing its profitability and financial performance over the past five years. It suggests effective management decisions and operational strategies that have contributed to the growth and sustainability of the company's bottom line.
Peer comparison
Mar 31, 2024