Ralph Lauren Corp Class A (RL)

Net profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Net income (ttm)	US$ in thousands	646,300	587,900	527,800	531,400	522,700	514,800	516,000	558,800	600,100	501,600	403,700	171,300	-121,100	-296,000	-81,700	139,500	384,300	664,900	450,800	439,000
Revenue (ttm)	US$ in thousands	6,631,400	6,604,300	6,502,600	6,449,500	6,443,600	6,425,500	6,408,600	6,332,800	6,218,500	5,982,800	5,600,200	5,289,600	4,400,800	4,387,900	4,705,800	5,218,500	6,159,800	6,391,400	6,366,500	6,351,200
Net profit margin		9.75%	8.90%	8.12%	8.24%	8.11%	8.01%	8.05%	8.82%	9.65%	8.38%	7.21%	3.24%	-2.75%	-6.75%	-1.74%	2.67%	6.24%	10.40%	7.08%	6.91%

March 31, 2024 calculation

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

Ralph Lauren Corp Class A's net profit margin has shown fluctuations over the past few quarters. The net profit margin, which represents the percentage of revenue that translates into profits after all expenses have been deducted, was at 9.75% as of March 31, 2024. This indicates the company was able to maintain a healthy level of profitability relative to its revenue at that time.

Looking at the trend over the past few quarters, the net profit margin has varied from a low of -6.75% in December 31, 2020, to a high of 10.40% in December 31, 2019. The company experienced improved profitability in recent quarters compared to the earlier periods when it faced challenges in maintaining positive net profit margins.

It's worth noting that the net profit margin surpassed 8% in most of the recent quarters, indicating the company's ability to efficiently manage its costs and generate profits. However, the variability in the margin highlights the importance for Ralph Lauren Corp Class A to continue monitoring and managing its expenses to sustain and enhance its profitability levels in the future.