Ralph Lauren Corp Class A (RL)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	646,300	522,700	600,100	-121,100	384,300
Revenue	US$ in thousands	6,631,400	6,443,600	6,218,500	4,400,800	6,159,800
Net profit margin		9.75%	8.11%	9.65%	-2.75%	6.24%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $646,300K ÷ $6,631,400K
= 9.75%

Ralph Lauren Corp Class A's net profit margin has demonstrated fluctuations over the past five years. The trend reveals an increase in profitability from -2.75% in 2021 to 9.75% in 2024, indicating a significant turnaround in the company's ability to generate profits relative to its revenue. However, despite the positive trajectory, there was a slight dip in 2023 compared to the previous year. Overall, the company's net profit margin performance suggests an improving profitability position, with a notable upswing in recent years.