Signet Jewelers Ltd (SIG)
Net profit margin
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 61,200 | 810,400 | 376,700 | 769,900 | -15,200 |
| Revenue | US$ in thousands | 6,712,300 | 7,202,700 | 7,830,100 | 7,807,100 | 5,166,000 |
| Net profit margin | 0.91% | 11.25% | 4.81% | 9.86% | -0.29% |
February 1, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $61,200K ÷ $6,712,300K
= 0.91%
Signet Jewelers Ltd's net profit margin has shown fluctuations over the past few years based on the data provided. It was -0.29% as of January 30, 2021, indicating a loss for that period. However, there was a substantial turnaround in the subsequent year, with the net profit margin increasing to 9.86% as of January 29, 2022. The margin then decreased to 4.81% on January 28, 2023, suggesting a decrease in profitability.
A significant improvement was seen as of February 3, 2024, with the net profit margin rising to 11.25%, reflecting a strong performance. However, there was a decline in profitability in the most recent period, with the margin dropping to 0.91% on February 1, 2025.
Overall, the fluctuations in Signet Jewelers Ltd's net profit margin indicate varying profitability levels over the years, with the company experiencing both positive and negative trends in its bottom-line performance. Further analysis of the company's financial statements and operational performance would be necessary to fully understand the factors driving these fluctuations.