Phibro Animal Health Corporation (PAHC)
Net profit margin
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 2,416 | 32,606 | 49,175 | 54,385 | 33,552 |
Revenue | US$ in thousands | 993,816 | 960,113 | 935,602 | 833,350 | 800,354 |
Net profit margin | 0.24% | 3.40% | 5.26% | 6.53% | 4.19% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,416K ÷ $993,816K
= 0.24%
The net profit margin of Phibro Animal Health Corporation has shown a decreasing trend over the past five years. From 2018 to 2022, the net profit margin decreased from 6.53% to 0.24%, indicating a significant decline in profitability during this period. This downward trend suggests that the company's ability to generate profits relative to its revenue has weakened over time.
The decrease in net profit margin could be attributed to various factors such as rising operating expenses, declining sales volume, or pricing pressures in the industry. It is important for the company to closely monitor and address the underlying issues leading to this declining trend in net profit margin to ensure sustainable profitability and long-term financial health.
Additionally, investors and stakeholders may need to assess the company's strategies and performance in light of this downward trend in net profit margin to make informed decisions regarding their investments or partnerships with Phibro Animal Health Corporation.
Peer comparison
Jun 30, 2024