Five Below Inc (FIVE)

Operating profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Operating income (ttm)	US$ in thousands	323,817	345,495	614,543	589,157	569,130	359,282	149,434	175,723	202,012	369,187	536,362	514,884	493,406	323,648	153,890	175,285	341,927	473,492	459,930	460,050
Revenue (ttm)	US$ in thousands	3,876,522	3,823,382	4,317,412	4,223,748	4,148,290	3,569,531	2,990,772	2,980,614	2,970,456	3,334,225	3,697,994	3,616,781	3,535,568	3,081,745	2,627,922	2,622,484	2,973,782	3,301,187	3,239,905	3,207,954
Operating profit margin		8.35%	9.04%	14.23%	13.95%	13.72%	10.07%	5.00%	5.90%	6.80%	11.07%	14.50%	14.24%	13.96%	10.50%	5.86%	6.68%	11.50%	14.34%	14.20%	14.34%

January 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $323,817K ÷ $3,876,522K
= 8.35%

The operating profit margin for Five Below Inc has varied over the periods provided. The margin started at 14.34% in January 2022 and remained relatively stable around 14% in the subsequent quarters. However, there was a noticeable decline in the margin in July and October 2022, dropping to 11.50% and 5.86% respectively.

The trend of decreasing operating profit margin continued into 2023, with margins as low as 5.00% in October. However, there was a partial recovery with margins improving to 13.96% in January 2023 and reaching a peak of 14.50% in April 2023. The margin then declined again, hitting a low of 5.90% in July 2023.

In 2024, the operating profit margin experienced some fluctuations but generally trended upwards, from 8.35% in January to a high of 14.23% in July. However, by October 2024, the margin dropped to 9.04%.

Overall, the operating profit margin of Five Below Inc has shown variations over the analyzed periods, indicating potential fluctuations in the company's profitability and efficiency in managing its operating costs. Further analysis of the underlying factors driving these changes would be necessary to understand the company's financial performance in greater depth.