Leslies Inc (LESL)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -23,379 | 3,025 | 14,922 | 17,948 | 27,242 | 68,695 | 119,134 | 143,221 | 159,029 | 145,636 | 141,452 | 142,440 | 126,634 |
| Revenue (ttm) | US$ in thousands | 1,294,897 | 1,312,252 | 1,335,830 | 1,360,916 | 1,385,771 | 1,436,567 | 1,510,137 | 1,535,663 | 1,531,880 | 1,467,427 | 1,389,785 | 1,351,089 | 1,299,337 |
| Net profit margin | -1.81% | 0.23% | 1.12% | 1.32% | 1.97% | 4.78% | 7.89% | 9.33% | 10.38% | 9.92% | 10.18% | 10.54% | 9.75% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-23,379K ÷ $1,294,897K
= -1.81%
Leslies Inc's net profit margin has shown a downward trend over the past few quarters. The company experienced negative net profit margins in the most recent quarter, indicating that the company's expenses exceeded its revenues. This negative performance raises concerns about the company's ability to generate profits and effectively manage its costs.
In the preceding quarters, the net profit margin fluctuated between 0.23% and 10.38%. The highest net profit margin of 10.38% was recorded in the quarter ending September 30, 2022. However, since then, the net profit margin has been on a declining trend, with a notable drop in performance in the most recent quarters.
The declining trend in net profit margin suggests that Leslies Inc may be facing challenges in maintaining profitability, potentially due to factors such as increasing costs, competitive pressures, or inefficiencies in its operations. It is crucial for the company to address these issues and implement strategies to improve profitability and financial performance in order to ensure its long-term sustainability and success in the market.
Peer comparison
Sep 30, 2024