G-III Apparel Group Ltd (GIII)

Net profit margin

		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	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Net income (ttm)	US$ in thousands	176,168	-113,803	-180,340	-160,459	-133,061	176,486	222,057	204,906	200,593	166,805	123,305	89,161	23,545	34,191	66,404	92,499	143,837	142,629	141,267	140,225
Revenue (ttm)	US$ in thousands	3,095,622	3,186,787	3,197,977	3,143,460	3,227,155	3,126,362	3,063,452	2,941,289	2,772,283	2,545,116	2,356,287	2,170,418	2,051,682	2,280,057	2,581,896	2,928,576	3,157,069	3,169,237	3,113,817	3,094,623
Net profit margin		5.69%	-3.57%	-5.64%	-5.10%	-4.12%	5.65%	7.25%	6.97%	7.24%	6.55%	5.23%	4.11%	1.15%	1.50%	2.57%	3.16%	4.56%	4.50%	4.54%	4.53%

January 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $176,168K ÷ $3,095,622K
= 5.69%

The net profit margin of G-III Apparel Group Ltd has fluctuated over the past few quarters. In the most recent period ending Jan 31, 2024, the net profit margin stood at 5.69%, indicating that the company retained approximately 5.69% of its revenue as profit after accounting for all expenses. This represents an improvement compared to the previous quarter where the net profit margin was -3.57%, signifying a loss on its operations.

Looking back over the past year, the net profit margin has shown some volatility, ranging from negative figures to positive percentages. Overall, the company has experienced some challenges in maintaining consistent profitability, with margins hovering around the low to mid-single-digit range. It would be essential for the company to focus on cost management, revenue generation, and operational efficiency to enhance its overall profitability and sustainability in the long term.