Helen of Troy Ltd (HELE)
Operating profit margin
| Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 260,589 | 211,791 | 272,550 | 281,488 | 178,251 |
| Revenue | US$ in thousands | 1,951,730 | 2,033,190 | 2,213,270 | 2,085,990 | 1,694,540 |
| Operating profit margin | 13.35% | 10.42% | 12.31% | 13.49% | 10.52% |
February 29, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $260,589K ÷ $1,951,730K
= 13.35%
The operating profit margin of Helen of Troy Ltd has exhibited variability over the past five fiscal years. The margin was highest in fiscal year 2021 at 13.49% and lowest in fiscal year 2020 at 10.52%. In the most recent fiscal year, ending on February 29, 2024, the operating profit margin improved to 13.35%, representing an increase from the previous year's margin of 10.42%.
This improvement indicates the company's ability to effectively control its operating expenses relative to its net sales, resulting in a higher percentage of operating profit. It suggests efficiencies in cost management and potentially improved operational performance. However, compared to fiscal year 2021, the margin has not yet reached its peak, implying that there may still be room for further enhancement in operating profitability.
Overall, the trend in Helen of Troy Ltd's operating profit margin demonstrates a mix of fluctuations and improvements, highlighting the dynamic nature of the company's operational efficiency and financial performance over the analyzed period.