Enerpac Tool Group Corp (EPAC)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 85,749 | 46,561 | 15,686 | 38,077 | 723 |
| Revenue | US$ in thousands | 589,510 | 598,204 | 571,223 | 528,660 | 493,292 |
| Net profit margin | 14.55% | 7.78% | 2.75% | 7.20% | 0.15% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $85,749K ÷ $589,510K
= 14.55%
The net profit margin of Enerpac Tool Group Corp has shown a varying trend over the past five years. In 2024, the net profit margin increased significantly to 14.55%, indicating that the company was able to generate more profit relative to its revenue compared to the previous years.
In 2023, the net profit margin was 7.78%, showing an improvement from the previous year. However, in 2022, the net profit margin was 2.75%, which was lower compared to the two preceding years.
The net profit margin in 2021 was 7.20%, reflecting a moderate decline from 2020 when the net profit margin was 0.15%. This substantial improvement from 2020 to 2021 indicates positive developments in the company's profitability.
Overall, the trend in Enerpac Tool Group Corp's net profit margin indicates fluctuations in profitability over the analyzed period, with significant improvements in 2024 and 2021, while experiencing lower margins in 2022.
Peer comparison
Aug 31, 2024