Nordstrom Inc (JWN)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 134,000 | 245,000 | 178,000 | -690,000 | 496,000 |
| Revenue | US$ in thousands | 14,693,000 | 15,530,000 | 14,789,000 | 10,715,000 | 15,524,000 |
| Net profit margin | 0.91% | 1.58% | 1.20% | -6.44% | 3.20% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $134,000K ÷ $14,693,000K
= 0.91%
The net profit margin of Nordstrom Inc has fluctuated over the past five years, as evidenced by the following figures: 0.91% as of February 3, 2024, 1.58% as of January 28, 2023, 1.20% as of January 29, 2022, -6.44% as of January 30, 2021, and 3.20% as of February 1, 2020.
The net profit margin indicates the percentage of revenue that translates into profit after all expenses have been deducted. Nordstrom's net profit margins have varied significantly, with the highest being 3.20% in 2020 and the lowest being -6.44% in 2021, which indicates a loss in that particular year.
The positive net profit margins in 2020, 2022, and 2023 suggest that Nordstrom was able to effectively manage its expenses and generate profit. However, the negative net profit margin in 2021 raises concerns about the company's financial performance that year.
Overall, Nordstrom's net profit margin analysis shows fluctuations that may indicate changes in the company's profitability and efficiency in managing costs over the years. It would be essential for stakeholders and investors to further investigate the reasons behind these fluctuations to assess Nordstrom's financial stability and sustainability.
Peer comparison
Feb 3, 2024