Dick’s Sporting Goods Inc (DKS)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,046,520 | 1,043,140 | 1,519,870 | 530,251 | 297,462 |
| Revenue | US$ in thousands | 13,017,800 | 12,284,800 | 12,247,100 | 9,545,990 | 8,772,600 |
| Net profit margin | 8.04% | 8.49% | 12.41% | 5.55% | 3.39% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,046,520K ÷ $13,017,800K
= 8.04%
The net profit margin of Dick’s Sporting Goods Inc has demonstrated variability over the past five fiscal years. In the most recent fiscal year ending February 3, 2024, the net profit margin stood at 8.04%, showing a slight decrease compared to the previous fiscal year where it was 8.49%. The net profit margin was notably higher in the fiscal year ending January 29, 2022, at 12.41%, indicating strong profitability during that period. On the other hand, the fiscal year ending January 30, 2021, reported a lower net profit margin of 5.55%, while the margin was even lower at 3.39% in the fiscal year ending February 1, 2020.
Overall, the trend in the net profit margin suggests some fluctuation in the company's ability to convert revenue into profit over the years, with the highest margin observed in 2022 and the lowest in 2020. It is essential for investors and stakeholders to monitor this metric closely as it provides insights into the company's profitability and operational efficiency.
Peer comparison
Feb 3, 2024