RH (RH)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 366,071 | 722,157 | 927,181 | 466,858 | 362,831 |
| Revenue | US$ in thousands | 2,836,370 | 3,539,340 | 3,668,920 | 2,777,900 | 2,564,930 |
| Operating profit margin | 12.91% | 20.40% | 25.27% | 16.81% | 14.15% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $366,071K ÷ $2,836,370K
= 12.91%
The operating profit margin of RH has displayed fluctuations over the past five years. In February 2024, the operating profit margin stood at 12.91%, indicating a decrease compared to the previous year. This decline follows a trend of decreasing margins, as the company recorded a higher operating profit margin of 20.40% in January 2023 and 25.27% in January 2022. However, in January 2023, there was a significant increase from the previous year's margin. The operating profit margin was at 16.81% in January 2021 and 14.15% in February 2020. These fluctuations suggest that RH's profitability from its core operations has experienced variability in recent years, which could be influenced by various internal and external factors impacting the company's financial performance.
Peer comparison
Feb 3, 2024