RPM International Inc (RPM)
Net profit margin
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 588,397 | 559,146 | 524,921 | 510,760 | 478,691 | 526,336 | 532,381 | 525,912 | 491,481 | 448,623 | 453,846 | 456,630 | 502,643 | 455,810 | 429,421 | 378,792 | 304,385 | 328,451 | 330,788 | 302,982 |
| Revenue (ttm) | US$ in thousands | 7,210,630 | 7,210,030 | 7,225,690 | 7,227,590 | 7,153,220 | 7,135,330 | 7,037,070 | 6,891,810 | 6,615,470 | 6,379,750 | 6,216,330 | 6,062,430 | 6,018,050 | 5,756,940 | 5,658,510 | 5,568,830 | 5,428,360 | 5,570,800 | 5,534,900 | 5,496,300 |
| Net profit margin | 8.16% | 7.76% | 7.26% | 7.07% | 6.69% | 7.38% | 7.57% | 7.63% | 7.43% | 7.03% | 7.30% | 7.53% | 8.35% | 7.92% | 7.59% | 6.80% | 5.61% | 5.90% | 5.98% | 5.51% |
May 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $588,397K ÷ $7,210,630K
= 8.16%
RPM International Inc's net profit margin has shown some fluctuation over the past few quarters. The net profit margin has generally been in the range of 6% to 8%. In the most recent period ending May 31, 2024, the net profit margin improved to 8.16%, indicating that the company was able to generate $0.08 of profit from each dollar of revenue. This is a positive sign for the company's profitability.
However, it is important to note that the net profit margin has not been consistently increasing and there have been fluctuations in the margin over the past few quarters. This may indicate some variability in RPM International Inc's operational efficiency and cost management.
Overall, while the recent improvement in the net profit margin is a positive development, it would be beneficial for RPM International Inc to continue monitoring and analyzing its profitability metrics to ensure sustainable growth and efficiency in its operations.
Peer comparison
May 31, 2024