Neogen Corporation (NEOG)

Net profit margin

		Aug 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019	Aug 31, 2019
Net income (ttm)	US$ in thousands	-16,615	1,566	11,778	-26,576	-22,870	-13,483	-16,230	36,439	48,307	49,108	57,042	62,099	60,882	61,469	60,292	60,683	59,475	58,943	59,816	59,591
Revenue (ttm)	US$ in thousands	1,780,298	1,817,638	1,800,899	1,778,001	1,592,370	1,401,365	1,227,465	1,062,406	1,054,318	901,557	761,778	730,744	692,784	674,433	757,462	743,068	727,266	727,954	723,616	722,206
Net profit margin		-0.93%	0.09%	0.65%	-1.49%	-1.44%	-0.96%	-1.32%	3.43%	4.58%	5.45%	7.49%	8.50%	8.79%	9.11%	7.96%	8.17%	8.18%	8.10%	8.27%	8.25%

August 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-16,615K ÷ $1,780,298K
= -0.93%

Neogen Corporation's net profit margin has displayed fluctuations over the past 20 quarters. The company experienced negative net profit margins in several quarters, including -0.93% in August 2024, -1.49% in August 2023, and -1.44% in May 2023. However, there have also been periods of positive net profit margins, with the highest margin recorded at 9.11% in February 2021.

The trend in net profit margin indicates variability in the company's profitability over time. It is important for Neogen Corporation to closely monitor and assess the factors influencing its net profit margin to ensure sustainable financial performance and value creation for its stakeholders.