Ethan Allen Interiors Inc (ETD)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 77,991 | 137,196 | 138,250 | 77,285 | 14,644 |
| Revenue | US$ in thousands | 646,145 | 791,139 | 817,618 | 684,831 | 589,837 |
| Operating profit margin | 12.07% | 17.34% | 16.91% | 11.29% | 2.48% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $77,991K ÷ $646,145K
= 12.07%
The operating profit margin of Ethan Allen Interiors Inc has shown fluctuations over the past five years. In the most recent fiscal year ending June 30, 2024, the operating profit margin stood at 12.07%, representing a decrease from the previous year where it was at 17.34%. However, it is worth noting that the operating profit margin has generally improved compared to the years prior, with percentages of 16.91%, 11.29%, and 2.48% in fiscal years 2022, 2021, and 2020, respectively.
The declining trend in operating profit margin from 2023 to 2024 may indicate potential challenges in managing operating expenses or generating sufficient revenue to offset costs. It would be beneficial for stakeholders to further investigate the factors contributing to this decrease and assess the company's strategies for improving operational efficiency and profitability in the upcoming periods.
Overall, while the recent decline in operating profit margin raises some concerns, the company's historical performance demonstrates an ability to maintain relatively healthy margins relative to previous years.
Peer comparison
Jun 30, 2024