Leslies Inc (LESL)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | 102,179 | 238,754 | 209,085 |
| Revenue | US$ in thousands | 1,385,770 | 1,531,880 | 1,299,340 |
| Operating profit margin | 7.37% | 15.59% | 16.09% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $102,179K ÷ $1,385,770K
= 7.37%
Leslies Inc's operating profit margin has experienced a downward trend over the past three years. In 2021, the operating profit margin stood at 16.09%, indicating that for every dollar of sales revenue generated, the company retained approximately 16.09 cents as operating profit. However, this margin decreased to 15.59% in 2022 and further declined to 7.37% in 2023. This downward trend may suggest challenges in managing operating expenses relative to revenue generation or pricing pressures affecting the company's profitability. Further analysis is recommended to identify the specific drivers behind this decline and to formulate strategies to improve the operating profit margin in the future.
Peer comparison
Sep 30, 2023