Leslies Inc (LESL)
Net profit margin
| 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 | 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 | 1,378,163 | 1,403,018 | 1,453,814 | 1,527,384 | 1,535,663 | 1,531,880 | 1,467,427 | 1,389,785 | 1,351,089 | 1,299,337 |
| Net profit margin | 1.30% | 1.94% | 4.73% | 7.80% | 9.33% | 10.38% | 9.92% | 10.18% | 10.54% | 9.75% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $17,948K ÷ $1,378,163K
= 1.30%
Leslies Inc's net profit margin has displayed a declining trend over the past few quarters, starting at 9.75% in September 2021 and decreasing to 1.30% by December 2023. This indicates that the company's profitability in relation to its revenue has weakened over time. Factors such as increasing costs, declining sales prices, or inefficiencies in operations may have contributed to this downward trend in net profit margin. It is essential for the company to closely monitor and address the underlying reasons for this decline to improve its financial performance and sustainability in the long term.
Peer comparison
Dec 31, 2023