GMS Inc (GMS)
Net profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 276,079 | 332,991 | 273,442 | 105,560 | 23,381 |
| Revenue | US$ in thousands | 5,503,660 | 5,330,540 | 4,635,040 | 3,298,910 | 3,241,400 |
| Net profit margin | 5.02% | 6.25% | 5.90% | 3.20% | 0.72% |
April 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $276,079K ÷ $5,503,660K
= 5.02%
The net profit margin of GMS Inc has shown a fluctuating trend over the past five years. In April 2024, the net profit margin was 5.02%, indicating that the company retained approximately 5.02% of its total revenue as profit. This was a decrease from the previous year's net profit margin of 6.25% in April 2023. Despite the slight decline, the company's net profit margin remained relatively stable compared to the preceding years, such as the 5.90% in April 2022 and the significant increase from 3.20% in April 2021.
The most notable improvement in the net profit margin occurred between April 2021 and 2022, reflecting an enhanced profitability position during that period. Furthermore, the substantial increase from 0.72% in April 2020 to 3.20% in April 2021 demonstrates a significant turnaround in the company's profitability, possibly due to operational efficiency improvements or cost-cutting measures.
Overall, while the net profit margin of GMS Inc experienced fluctuations over the past five years, the company has demonstrated a generally positive trend of increasing profitability, with occasional fluctuations in margin levels. It would be essential for stakeholders to further investigate the underlying factors contributing to the fluctuating net profit margins to assess the sustainability and efficiency of the company's operations and financial performance.
Peer comparison
Apr 30, 2024