Enerpac Tool Group Corp (EPAC)
Net profit margin
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 46,561 | 15,686 | 38,077 | 723 | -249,145 |
| Revenue | US$ in thousands | 598,204 | 571,223 | 528,660 | 493,292 | 654,758 |
| Net profit margin | 7.78% | 2.75% | 7.20% | 0.15% | -38.05% |
August 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $46,561K ÷ $598,204K
= 7.78%
The net profit margin of Enerpac Tool Group Corp has shown fluctuation over the past five years. In 2019, the company experienced a significant negative net profit margin of -38.05%, indicating that expenses exceeded revenue during that period. However, the company has shown improvement in subsequent years, with the net profit margin increasing to 0.15% in 2020, 7.20% in 2021, 2.75% in 2022, and further improving to 7.78% in 2023.
The positive trend in the net profit margin signifies that the company has been able to effectively manage its expenses relative to its revenue, resulting in improved profitability. This could be attributed to cost control measures, operational efficiency, and potentially revenue growth during the period. It is essential for the company to sustain this positive trend in the net profit margin to ensure long-term financial stability and growth.
Peer comparison
Aug 31, 2023