Designer Brands Inc (DBI)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 72,401 | 187,390 | 205,221 | -586,314 | 127,299 |
| Revenue | US$ in thousands | 3,074,980 | 3,315,430 | 3,196,580 | 2,234,720 | 3,492,690 |
| Operating profit margin | 2.35% | 5.65% | 6.42% | -26.24% | 3.64% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $72,401K ÷ $3,074,980K
= 2.35%
Designer Brands Inc's operating profit margin has fluctuated over the past five years, ranging from a low of -26.24% in January 2021 to a high of 6.42% in January 2022. The operating profit margin decreased significantly in January 2021, indicating that the company may have faced challenges in controlling its operating expenses relative to its revenue during that year.
However, there was an improvement in the operating profit margin in the following years, reaching 5.65% in January 2023 and 2.35% in February 2024. Despite the improvement, the current operating profit margin of 2.35% is still lower than the levels seen in 2022 and 2020. This suggests that Designer Brands Inc may need to continue monitoring and optimizing its operating costs to enhance profitability and efficiency in the future.
Overall, the trend in Designer Brands Inc's operating profit margin suggests fluctuations in the company's ability to generate profits from its core operations over the past five years.
Peer comparison
Feb 3, 2024