Movado Group Inc (MOV)
Net profit margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 46,711 | 57,292 | 69,189 | 85,143 | 94,528 | 103,177 | 105,296 | 100,703 | 91,599 | 90,489 | 73,909 | 47,884 | -111,518 | -138,279 | -135,339 | -111,219 | 42,699 | 56,642 | 65,799 | 57,434 |
| Revenue (ttm) | US$ in thousands | 671,700 | 686,683 | 710,386 | 732,812 | 751,558 | 764,009 | 770,368 | 761,365 | 733,031 | 705,538 | 657,180 | 572,745 | 506,197 | 518,273 | 554,396 | 622,722 | 700,509 | 708,902 | 712,327 | 698,667 |
| Net profit margin | 6.95% | 8.34% | 9.74% | 11.62% | 12.58% | 13.50% | 13.67% | 13.23% | 12.50% | 12.83% | 11.25% | 8.36% | -22.03% | -26.68% | -24.41% | -17.86% | 6.10% | 7.99% | 9.24% | 8.22% |
January 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $46,711K ÷ $671,700K
= 6.95%
Movado Group Inc's net profit margin has shown fluctuations over the past several quarters. In the most recent quarter ending January 31, 2024, the net profit margin was 6.95%, which represents the percentage of revenue that translates into profit after all expenses have been deducted. The net profit margin has been declining in recent quarters, with the lowest point recorded in January 31, 2021, where the company experienced a negative net profit margin of -22.03%.
The trend reversed from January 31, 2021, with the net profit margin steadily increasing until reaching its peak at 13.67% on July 31, 2022. However, it has been gradually decreasing since then. Overall, Movado Group Inc's net profit margin seems volatile, reflecting fluctuations in the company's profitability over time. Further analysis of the underlying reasons for these fluctuations is necessary to understand the company's financial performance in more detail.