GMS Inc (GMS)
Net profit margin
| 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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 276,079 | 295,285 | 308,155 | 330,351 | 332,991 | 333,894 | 330,502 | 301,710 | 273,442 | 230,692 | 185,435 | 139,543 | 105,560 | 30,358 | 25,111 | 25,780 | 23,381 | 81,462 | 76,398 | 72,172 |
| Revenue (ttm) | US$ in thousands | 5,503,050 | 5,394,120 | 5,370,190 | 5,380,100 | 5,329,640 | 5,314,190 | 5,233,030 | 4,952,480 | 4,634,950 | 4,278,503 | 3,876,060 | 3,538,350 | 3,298,880 | 3,137,527 | 3,147,690 | 3,196,755 | 3,241,333 | 3,250,632 | 3,213,184 | 3,185,086 |
| Net profit margin | 5.02% | 5.47% | 5.74% | 6.14% | 6.25% | 6.28% | 6.32% | 6.09% | 5.90% | 5.39% | 4.78% | 3.94% | 3.20% | 0.97% | 0.80% | 0.81% | 0.72% | 2.51% | 2.38% | 2.27% |
April 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $276,079K ÷ $5,503,050K
= 5.02%
The net profit margin of GMS Inc has displayed fluctuations over the past few years. The trend shows that there was a gradual increase in the net profit margin from Jul 31, 2019, to Jan 31, 2023, reaching a peak of 6.28%. However, the margin experienced a slight decline in the subsequent quarters, with a notable drop to 3.20% by Apr 30, 2021.
There was a significant improvement in net profit margin in the following quarters, with the margin increasing to 6.25% by Apr 30, 2023. This positive trend continued until Jul 31, 2023, where the margin peaked at 6.25%. However, there was a subsequent decline in the net profit margin in the later quarters, reaching 5.02% by Apr 30, 2024.
Overall, GMS Inc has shown a reasonable level of consistency in maintaining a net profit margin above 5% in recent years, indicating a healthy level of profitability despite some fluctuations. This suggests that the company has been able to effectively manage its costs and generate profits relative to its revenue during the period under review.
Peer comparison
Apr 30, 2024