Leslies Inc (LESL)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 57,117 | 102,179 | 238,754 | 209,085 |
| Revenue | US$ in thousands | 1,330,120 | 1,385,770 | 1,531,880 | 1,299,340 |
| Operating profit margin | 4.29% | 7.37% | 15.59% | 16.09% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $57,117K ÷ $1,330,120K
= 4.29%
The operating profit margin of Leslies Inc has shown a declining trend over the past years. In Sep 30, 2021, the operating profit margin was 16.09%, indicating that the company was able to generate more profit from its core operations relative to its revenue. However, this figure decreased to 15.59% in Sep 30, 2022, and further dropped to 7.37% in Sep 30, 2023. The most recent data from Sep 30, 2024, shows an operating profit margin of 4.29%, signifying a significant decrease in profitability compared to previous years.
These declining trends in the operating profit margin may raise concerns about the company's operational efficiency, cost management, or pricing strategy. It could indicate that the company is facing challenges in controlling its operating expenses or that its revenue generation capabilities have weakened. Investors and stakeholders may want to further investigate the reasons behind this decline and assess the company's strategies for improving its operating profit margin in the future.
Peer comparison
Sep 30, 2024