G-III Apparel Group Ltd (GIII)

Net profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Net income (ttm)	US$ in thousands	193,566	173,636	186,508	178,734	176,168	-114,605	-181,142	-161,261	-133,863	176,486	222,057	204,906	200,593	166,805	123,305	89,161	23,545	34,191	66,404	92,499
Revenue (ttm)	US$ in thousands	3,160,677	3,085,924	3,086,394	3,101,400	3,098,242	3,187,888	3,199,078	3,144,561	3,226,729	3,120,456	3,057,546	2,935,383	2,766,536	2,544,623	2,355,794	2,169,925	2,055,146	2,283,521	2,585,360	2,932,040
Net profit margin		6.12%	5.63%	6.04%	5.76%	5.69%	-3.60%	-5.66%	-5.13%	-4.15%	5.66%	7.26%	6.98%	7.25%	6.56%	5.23%	4.11%	1.15%	1.50%	2.57%	3.15%

January 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $193,566K ÷ $3,160,677K
= 6.12%

The net profit margin of G-III Apparel Group Ltd has shown fluctuations over the periods outlined in the data. From April 2020 to July 2021, the net profit margin gradually increased from 3.15% to 5.23%, indicating an improvement in the company's profitability.

Then, there was a significant spike in the net profit margin by October 2021, reaching 6.56%. This peak was followed by slight fluctuations between January 2022 and July 2022, with the net profit margin ranging from 6.98% to 7.26%.

However, from October 2022 to January 2023, there was a sharp decline in the net profit margin from 5.66% to -4.15%. This negative trend continued until July 2023, with the net profit margin hitting a low of -5.66%.

Subsequently, the company managed to turn around its profitability, with the net profit margin recovering to positive figures by January 2024 at 5.69%. The trend continued to improve, reaching 6.04% by July 2024.

Overall, the net profit margin of G-III Apparel Group Ltd has experienced both positive and negative fluctuations, indicating periods of strong and weak profitability. Investors should closely monitor the company's financial performance to assess its ability to sustain and enhance profitability in the long term.