Enersys (ENS)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 269,096 | 175,810 | 143,911 | 143,374 | 137,116 |
| Revenue | US$ in thousands | 3,581,870 | 3,708,580 | 3,357,300 | 2,977,900 | 3,087,800 |
| Net profit margin | 7.51% | 4.74% | 4.29% | 4.81% | 4.44% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $269,096K ÷ $3,581,870K
= 7.51%
The net profit margin of Enersys has displayed some variability over the past five years. In the most recent fiscal year ending March 31, 2024, the net profit margin stood at 7.61%, representing a significant increase compared to the previous year's margin of 4.82%. This improvement suggests that Enersys was able to generate a higher percentage of profit from its revenue in 2024.
However, it is important to note that the net profit margin was notably higher in the fiscal year ending March 31, 2020, at 63.44%. This exceptionally high margin may have been influenced by specific events or factors unique to that year. The subsequent decline in the following years could indicate changes in the company's cost structures, revenue streams, or overall profitability.
Overall, the fluctuation in Enersys' net profit margin highlights the importance of further investigation into the underlying reasons for these changes to assess the company's financial performance and sustainability.
Peer comparison
Mar 31, 2024