Nextracker Inc. Class A Common Stock (NXT)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Operating income | US$ in thousands | 587,118 | 168,485 |
| Revenue | US$ in thousands | 2,499,840 | 1,902,140 |
| Operating profit margin | 23.49% | 8.86% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $587,118K ÷ $2,499,840K
= 23.49%
Peer comparison
Mar 31, 2024
Company name
Symbol
Operating profit margin
Nextracker Inc. Class A Common Stock
NXT
23.49%
Garmin Ltd
GRMN
20.79%
L3Harris Technologies Inc
LHX
7.55%
Northrop Grumman Corporation
NOC
6.46%
Teledyne Technologies Incorporated
TDY
18.60%