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 3,536,220 3,649,670 3,327,040 2,937,110 216,125
Net profit margin 7.61% 4.82% 4.33% 4.88% 63.44%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $269,096K ÷ $3,536,220K
= 7.61%

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

Company name
Symbol
Net profit margin
Enersys
ENS
7.61%
WESCO International Inc
WCC
3.42%