Five Below Inc (FIVE)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 301,106 | 261,528 | 278,810 | 123,361 | 175,056 |
| Revenue | US$ in thousands | 3,559,370 | 3,076,310 | 2,848,350 | 1,962,140 | 1,846,730 |
| Net profit margin | 8.46% | 8.50% | 9.79% | 6.29% | 9.48% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $301,106K ÷ $3,559,370K
= 8.46%
The net profit margin of Five Below Inc has shown some fluctuation over the past five fiscal years. In FY 2024 (ending February 3, 2024), the net profit margin was 8.46%, slightly lower than the previous year's margin of 8.50% in FY 2023 (ending January 28, 2023).
Comparing these figures to the net profit margins in previous years, we see that the company achieved a higher margin of 9.79% in FY 2022 (ending January 29, 2022) and 9.48% in FY 2020 (ending February 1, 2020). However, there was a dip in the net profit margin to 6.29% in FY 2021 (ending January 30, 2021).
Overall, the trend in net profit margin for Five Below Inc indicates some variability, with fluctuations observed in different fiscal years. It is important for the company to further analyze the reasons behind these fluctuations and take appropriate measures to maintain or improve its profitability in the future.
Peer comparison
Feb 3, 2024