Plexus Corp (PLXS)

Net profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	111,815	139,094	138,243	138,912	117,479
Revenue	US$ in thousands	8,035,580	8,496,620	7,722,450	6,834,190	6,875,610
Net profit margin		1.39%	1.64%	1.79%	2.03%	1.71%

September 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $111,815K ÷ $8,035,580K
= 1.39%

The net profit margin of Plexus Corp has shown variability over the past five years, ranging from 1.39% in September 2024 to 2.03% in September 2021. A declining trend can be observed from 2.03% in 2021 to 1.39% in 2024. This indicates that the company has experienced challenges in maintaining its profitability relative to its revenue during this period. It is important for Plexus Corp to closely monitor and analyze the factors contributing to this downward trend in net profit margin to make informed strategic decisions aimed at improving profitability in the future.