Helen of Troy Ltd (HELE)

Net profit margin

Feb 29, 2024 Feb 28, 2023 Feb 28, 2022 Feb 28, 2021 Feb 29, 2020
Net income US$ in thousands 168,594 143,273 223,764 253,946 152,333
Revenue US$ in thousands 1,951,730 2,033,190 2,213,270 2,085,990 1,694,540
Net profit margin 8.64% 7.05% 10.11% 12.17% 8.99%

February 29, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $168,594K ÷ $1,951,730K
= 8.64%

Helen of Troy Ltd's net profit margin has exhibited fluctuations over the past five years. The margin declined from 12.17% in 2021 to 10.11% in 2022, before further decreasing to 7.05% in 2023. However, there was a notable improvement in the most recent year, with the net profit margin rising to 8.64% in 2024. Despite this improvement, the margin remains below the levels seen in 2021 and 2020. Overall, the trend in Helen of Troy Ltd's net profit margin indicates variability in the company's ability to generate profits relative to its revenue in recent years. Further analysis and context would be necessary to fully understand the factors driving these fluctuations.