Haynes International Inc (HAYN)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 41,975 | 45,087 | -8,683 | -6,478 | 9,745 |
| Revenue | US$ in thousands | 581,578 | 487,791 | 336,228 | 379,029 | 488,561 |
| Net profit margin | 7.22% | 9.24% | -2.58% | -1.71% | 1.99% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $41,975K ÷ $581,578K
= 7.22%
Haynes International Inc.'s net profit margin has fluctuated over the past five years. The net profit margin indicates the company's ability to generate profits from its revenue. The company's net profit margin was 7.11% as of September 30, 2023, a decrease from 9.19% in the previous year. Despite the decrease, the margin remains positive, reflecting a reasonable level of profitability. However, it is important to note that in 2021 and 2020, the company experienced negative net profit margins, indicating that the company's expenses exceeded its revenue during those years. This suggests potential financial challenges during those periods. Overall, the trend in net profit margin indicates some variability in the company's profitability, and it would be important to assess the underlying factors contributing to these fluctuations.
Peer comparison
Sep 30, 2023