Prestige Brand Holdings Inc (PBH)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	209,339	-82,306	205,381	164,682	142,281
Revenue	US$ in thousands	1,125,360	1,127,720	1,086,810	943,365	963,010
Net profit margin		18.60%	-7.30%	18.90%	17.46%	14.77%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $209,339K ÷ $1,125,360K
= 18.60%

Prestige Brand Holdings Inc's net profit margin has shown variations over the past five years. In particular, there was a significant dip in the net profit margin in the fiscal year ending March 31, 2023, where it fell to -7.30%, indicating that the company incurred losses during that period. However, the net profit margin rebounded strongly in the subsequent year, reaching 18.90% in the fiscal year ending March 31, 2022.

The positive trend continued in the following years, with the net profit margin ranging from 17.46% in the fiscal year ending March 31, 2021, to 18.60% in the most recent fiscal year ending March 31, 2024. This demonstrates the company's ability to efficiently convert revenue into profit in recent years, showcasing improved profitability and operational efficiency.

Overall, Prestige Brand Holdings Inc's net profit margin has shown resilience and improvement, with the company successfully recovering from a period of losses to achieve healthy profit margins in the subsequent years.