Ollie's Bargain Outlet Hldg (OLLI)

Net profit margin

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Net income	US$ in thousands	181,439	102,790	157,455	242,696	141,130
Revenue	US$ in thousands	2,102,700	1,827,080	1,752,950	1,808,570	1,407,980
Net profit margin		8.63%	5.63%	8.98%	13.42%	10.02%

February 3, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $181,439K ÷ $2,102,700K
= 8.63%

The net profit margin for Ollie's Bargain Outlet Hldg has fluctuated over the past five years, ranging from 5.63% to 13.42%. In February 2024, the net profit margin increased to 8.63% from 5.63% in January 2023. This improvement suggests that the company was able to generate a higher percentage of profit from its revenue in the most recent period.

However, compared to the peak net profit margin of 13.42% in January 2021, the current figure remains lower, indicating a potential decline in profitability efficiency. It is essential for stakeholders to monitor this trend closely to assess the company's ability to maintain or enhance its profitability levels in the future.