PriceSmart Inc (PSMT)
Operating profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 220,944 | 184,516 | 167,066 | 158,020 | 122,468 |
| Revenue | US$ in thousands | 4,893,960 | 4,384,770 | 4,066,090 | 3,619,870 | 3,329,190 |
| Operating profit margin | 4.51% | 4.21% | 4.11% | 4.37% | 3.68% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $220,944K ÷ $4,893,960K
= 4.51%
PriceSmart Inc's operating profit margin has been relatively stable over the past five years, ranging from 3.68% in August 2020 to 4.51% in August 2024. This indicates that the company has been able to maintain a consistent level of profitability in relation to its revenue during this period. The slight fluctuations in the operating profit margin may be influenced by changes in the company's cost structure, pricing strategy, or efficiency of operations. Overall, the consistent performance in operating profit margin suggests that PriceSmart Inc has been able to effectively manage its operating expenses and generate profit from its core business activities.
Peer comparison
Aug 31, 2024