H B Fuller Company (FUL)
Net profit margin
| Dec 2, 2023 | Dec 3, 2022 | Nov 27, 2021 | Nov 28, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 144,906 | 180,313 | 161,393 | 123,719 | 130,817 |
| Revenue | US$ in thousands | 3,510,930 | 3,749,180 | 3,278,030 | 2,790,270 | 2,897,000 |
| Net profit margin | 4.13% | 4.81% | 4.92% | 4.43% | 4.52% |
December 2, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $144,906K ÷ $3,510,930K
= 4.13%
The net profit margin of H.B. Fuller Company has shown some fluctuation over the past five years. In 2023, the net profit margin decreased to 4.13% from 4.81% in 2022, which indicates a decrease in the company's ability to convert sales into profit. This decrease might raise concerns about the company's cost efficiency and expense management during this period.
However, it's important to note that the net profit margin in 2023 is still within a relatively stable range compared to previous years, where it ranged from 4.43% to 4.92%. This implies that the company has maintained a generally consistent ability to generate profit from its sales over the past five years.
Further analysis of the company's cost structure, revenue trends, and operational efficiency could provide deeper insights into the factors impacting the net profit margin and help determine the company's overall financial performance.