Eagle Materials Inc (EXP)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 477,639 | 461,540 | 374,247 | 339,444 | 70,894 |
| Revenue | US$ in thousands | 2,217,040 | 2,112,900 | 1,824,550 | 1,691,400 | 1,412,390 |
| Net profit margin | 21.54% | 21.84% | 20.51% | 20.07% | 5.02% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $477,639K ÷ $2,217,040K
= 21.54%
The net profit margin of Eagle Materials Inc has shown a generally positive trend over the past five years, increasing from 5.02% in the fiscal year ending March 31, 2020, to a peak of 21.84% in the fiscal year ending March 31, 2023.
However, there was a slight decrease in the net profit margin to 20.51% in the fiscal year ending March 31, 2022, before recovering to 21.54% in the most recent fiscal year ending March 31, 2024. This indicates that the company has been able to effectively manage its costs and expenses in relation to its revenue, resulting in improved profitability.
Overall, the consistent positive trend in the net profit margin reflects Eagle Materials Inc's ability to generate more profit from its revenue over the years, demonstrating a solid financial performance and efficient operational management.