Phibro Animal Health Corporation (PAHC)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	2,416	13,162	14,799	20,735	32,606	28,595	36,242	46,497	49,175	58,809	53,281	48,617	54,385	42,906	44,246	43,339	33,552	36,712	38,060	40,914
Revenue (ttm)	US$ in thousands	993,816	966,848	952,851	955,955	960,113	955,995	953,390	945,191	935,602	907,274	879,384	852,821	833,350	798,955	797,965	805,828	800,354	818,354	813,351	817,562
Net profit margin		0.24%	1.36%	1.55%	2.17%	3.40%	2.99%	3.80%	4.92%	5.26%	6.48%	6.06%	5.70%	6.53%	5.37%	5.54%	5.38%	4.19%	4.49%	4.68%	5.00%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,416K ÷ $993,816K
= 0.24%

The net profit margin of Phibro Animal Health Corporation has shown fluctuations over the past few quarters. The net profit margin measures the company's profitability by indicating the percentage of revenue that translates into net income after accounting for all expenses.

From December 2019 to March 2020, the net profit margin fluctuated between 4.19% and 5.00%. This indicates that the company was able to generate a modest profit relative to its revenue during this period.

Subsequently, the net profit margin showed an upward trend, reaching a peak of 6.48% in March 2022. This suggests that Phibro Animal Health Corporation experienced improved profitability and efficiency in converting revenue into net income during this period.

However, since March 2022, there has been a gradual decline in the net profit margin, with the latest reported figure at 0.24% in June 2024. This significant drop could be indicative of various factors such as increased expenses, lower revenue, or operational inefficiencies impacting the company's bottom line.

It is essential for stakeholders to closely monitor the net profit margin to assess the company's financial health and profitability sustainability in the coming quarters. Additionally, management may need to implement strategies to address the declining trend and enhance operational efficiency to improve profit margins.