PriceSmart Inc (PSMT)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 138,875 | 109,205 | 104,534 | 97,963 | 78,109 |
| Revenue | US$ in thousands | 4,893,960 | 4,384,770 | 4,066,090 | 3,619,870 | 3,329,190 |
| Net profit margin | 2.84% | 2.49% | 2.57% | 2.71% | 2.35% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $138,875K ÷ $4,893,960K
= 2.84%
The net profit margin of PriceSmart Inc has exhibited slight fluctuations over the past five years, ranging from 2.35% in August 2020 to 2.84% in August 2024. Despite the variations, the company has generally maintained a consistent level of profitability relative to its revenues over this period. The margins have remained within a narrow band, indicating a certain level of stability in the company's ability to generate profits from its operations. It is essential for PriceSmart Inc to continue monitoring and managing its costs and revenues effectively to sustain and potentially enhance its net profit margin in the future.
Peer comparison
Aug 31, 2024