GameStop Corp (GME)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 6,700 | -313,100 | -381,300 | -215,300 | -470,900 |
| Revenue | US$ in thousands | 5,272,800 | 5,927,200 | 6,010,700 | 5,089,800 | 6,466,000 |
| Net profit margin | 0.13% | -5.28% | -6.34% | -4.23% | -7.28% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $6,700K ÷ $5,272,800K
= 0.13%
GameStop Corp's net profit margin has shown fluctuations over the past five years. In the most recent fiscal year ending February 3, 2024, the company achieved a net profit margin of 0.13%, indicating that GameStop Corp was able to retain a small portion of its sales revenue as profit. This is a significant improvement compared to the previous year, where the net profit margin was -5.28%, reflecting a loss-making period.
Looking back further, GameStop Corp's net profit margin was -6.34% in January 2022, -4.23% in January 2021, and -7.28% in February 2020. These negative values suggest that in those respective years, the company's expenses exceeded its revenues, resulting in net losses.
Overall, GameStop Corp's net profit margin has been volatile, with a mix of positive and negative values. It is essential for the company to continue monitoring and managing its expenses effectively to improve profitability and financial performance in the long term.