ScanSource Inc (SCSC)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 77,060 | 89,809 | 88,798 | 10,795 | -192,654 |
| Revenue | US$ in thousands | 3,271,770 | 3,765,770 | 3,521,330 | 3,143,030 | 3,034,980 |
| Net profit margin | 2.36% | 2.38% | 2.52% | 0.34% | -6.35% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $77,060K ÷ $3,271,770K
= 2.36%
The net profit margin of ScanSource Inc has shown varying trends over the past five years. In the most recent fiscal year ending on June 30, 2024, the net profit margin was 2.36%, which was slightly lower compared to the previous year's margin of 2.38%. Despite this slight decrease, the company has maintained a relatively stable net profit margin range in the past three years, fluctuating between 2.36% and 2.52%.
It is worth noting that there was a significant improvement in net profit margin from the fiscal year ending on June 30, 2020, where the margin was negative at -6.35%, to the most recent year's margin of 2.36%. This indicates a positive turnaround in the company's profitability performance over the past four years.
Overall, the recent net profit margin of 2.36% suggests that ScanSource Inc is effectively managing its costs and expenses relative to its revenue, resulting in a reasonable level of profitability. However, further analysis of the company's operating efficiency, revenue growth, and cost management strategies may provide more insights into the sustainability of its profitability levels.
Peer comparison
Jun 30, 2024