Calavo Growers Inc (CVGW)
Net profit margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -11,543 | -8,344 | -3,753 | -9,079 | -5,275 | -6,250 | -15,889 | -30,170 | -21,138 | -11,818 | 7,364 | 4,709 | -7,410 | -13,625 | -14,641 | 11,598 | 31,221 | 36,646 | 30,105 | 31,852 |
| Revenue (ttm) | US$ in thousands | 868,955 | 967,561 | 976,896 | 1,056,974 | 1,142,970 | 1,189,047 | 1,219,347 | 1,163,641 | 1,108,513 | 1,056,752 | 1,018,153 | 967,811 | 969,733 | 1,022,484 | 1,080,072 | 1,204,139 | 1,213,831 | 1,197,400 | 1,185,276 | 1,122,381 |
| Net profit margin | -1.33% | -0.86% | -0.38% | -0.86% | -0.46% | -0.53% | -1.30% | -2.59% | -1.91% | -1.12% | 0.72% | 0.49% | -0.76% | -1.33% | -1.36% | 0.96% | 2.57% | 3.06% | 2.54% | 2.84% |
January 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-11,543K ÷ $868,955K
= -1.33%
Calavo Growers Inc has displayed varying levels of net profit margin over the past few years, as evidenced by the data provided. The net profit margin, which indicates the company's profitability by expressing how much of each dollar earned results in profit after all expenses are deducted, has fluctuated significantly during the period analyzed.
The company experienced negative net profit margins in several periods, specifically in the first quarters of the fiscal years 2020, 2021, 2022, and 2024. These negative figures indicate that the company's expenses exceeded its revenues during those respective periods, resulting in a loss.
However, there were also periods where Calavo Growers Inc achieved positive net profit margins, such as in the third and fourth quarters of the fiscal year 2019 and the second quarter of the fiscal year 2020. These positive figures suggest that the company generated profits relative to its revenues during those periods.
Overall, the company's net profit margin has shown considerable variability over the past few years, reflecting fluctuations in revenues, expenses, and profitability levels. It is important for investors and stakeholders to closely monitor these trends to assess the company's financial performance and sustainability.