Ethan Allen Interiors Inc (ETD)
Net profit margin
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 63,816 | 105,807 | 103,280 | 60,005 | 8,900 |
Revenue | US$ in thousands | 646,145 | 791,139 | 817,618 | 684,831 | 589,837 |
Net profit margin | 9.88% | 13.37% | 12.63% | 8.76% | 1.51% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $63,816K ÷ $646,145K
= 9.88%
The net profit margin of Ethan Allen Interiors Inc has exhibited some fluctuations over the past five years. In the most recent fiscal year, ending on June 30, 2024, the net profit margin stood at 9.88%, representing a slight decrease from the previous year's margin of 13.37%. Despite this decline, the company has generally maintained healthy levels of profitability, with margins ranging from 8.76% to 13.37% over the period from 2020 to 2023. It is worth noting that there was a significant improvement in profitability from June 2020 to June 2021, where the net profit margin increased from 1.51% to 8.76%.
Overall, while the recent decrease in net profit margin may raise some concerns, the company's historical performance indicates a generally stable and profitable financial position. Further analysis of the underlying factors contributing to the fluctuations in net profit margin could provide insights into the company's operational efficiency and profitability trends.
Peer comparison
Jun 30, 2024