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.
Peer comparison
Feb 3, 2024