Nordstrom Inc (JWN)

Net profit margin

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Net income (ttm) US$ in thousands 383,000 352,000 351,000 296,000 402,000 405,000 408,000 136,000 -136,000 -154,000 -172,000 13,000 198,000 205,000 212,000 252,000 472,000 546,000 484,000 528,000
Revenue (ttm) US$ in thousands 15,016,000 15,113,000 16,069,000 15,495,000 15,480,000 14,832,000 14,184,000 14,045,000 13,906,000 14,453,000 15,000,000 15,365,000 15,730,000 15,506,000 15,282,000 15,305,000 16,245,000 16,636,000 16,178,000 16,246,000
Net profit margin 2.55% 2.33% 2.18% 1.91% 2.60% 2.73% 2.88% 0.97% -0.98% -1.07% -1.15% 0.08% 1.26% 1.32% 1.39% 1.65% 2.91% 3.28% 2.99% 3.25%

January 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $383,000K ÷ $15,016,000K
= 2.55%

Net profit margin, a key profitability metric, represents the percentage of revenue that translates into profit after accounting for all expenses. Analyzing Nordstrom Inc's net profit margin over the specified periods reveals fluctuations in its profitability. From January 31, 2022, to July 31, 2022, the net profit margin ranged between 2.91% and 3.28%, indicating relatively stable profitability. However, a notable decline occurred from October 29, 2022, to July 31, 2023, with the margin dropping from 1.65% to -0.98%. This period reflects challenges in maintaining profitability, possibly due to increased expenses or declining revenues.

Subsequently, there was a gradual recovery in profitability from October 28, 2023, to January 31, 2025, with the net profit margin fluctuating between -0.98% and 2.55%. The increase from negative margins to positive margins suggests operational improvements or cost management initiatives taken by Nordstrom Inc. Overall, Nordstrom Inc's net profit margin demonstrates variability, highlighting the company's efforts to navigate changing market conditions and maintain profitability amidst challenges.