Helen of Troy Ltd (HELE)
Net profit margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 123,751 | 115,568 | 141,850 | 152,217 | 168,594 | 162,040 | 137,968 | 141,259 | 143,273 | 146,887 | 170,744 | 191,387 | 223,764 | 206,142 | 214,614 | 250,632 | 253,946 | 228,619 | 213,163 | 171,925 |
| Revenue (ttm) | US$ in thousands | 1,907,481 | 1,910,967 | 1,929,875 | 1,947,217 | 2,005,226 | 2,000,432 | 2,009,424 | 2,039,261 | 2,072,667 | 2,170,104 | 2,236,382 | 2,190,210 | 2,223,355 | 2,150,710 | 2,163,563 | 2,219,187 | 2,098,799 | 2,031,789 | 1,868,789 | 1,751,932 |
| Net profit margin | 6.49% | 6.05% | 7.35% | 7.82% | 8.41% | 8.10% | 6.87% | 6.93% | 6.91% | 6.77% | 7.63% | 8.74% | 10.06% | 9.58% | 9.92% | 11.29% | 12.10% | 11.25% | 11.41% | 9.81% |
February 28, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $123,751K ÷ $1,907,481K
= 6.49%
The net profit margin of Helen of Troy Ltd has exhibited fluctuations over the past few years. The margin was relatively stable around the 10% mark from May 2020 to May 2021, showing a slight upward trend. However, from August 2021 onwards, there was a noticeable decline in the net profit margin, dropping to as low as 6.05% by November 2024.
This decrease in the net profit margin suggests that the company's profitability relative to its revenue has been diminishing. It is important to further investigate the reasons behind this trend, such as changes in expenses, pricing strategies, or revenue growth. Management may need to implement strategies to improve operational efficiency and cost control in order to reverse this downward trajectory and enhance overall profitability.