Signet Jewelers Ltd (SIG)
Net profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 810,400 | 461,500 | 487,300 | 557,600 | 376,700 | 413,700 | 468,800 | 548,000 | 769,900 | 709,900 | 626,600 | 320,300 | -15,200 | -90,700 | -135,500 | -89,900 | 97,200 | -197,800 | -200,400 | -195,500 |
| Revenue (ttm) | US$ in thousands | 7,202,700 | 7,348,300 | 7,533,100 | 7,669,400 | 7,830,100 | 7,967,900 | 7,923,300 | 7,954,800 | 7,807,100 | 7,169,500 | 6,926,400 | 6,014,800 | 5,173,500 | 5,165,200 | 5,061,200 | 5,553,800 | 6,140,000 | 6,138,500 | 6,142,500 | 6,198,200 |
| Net profit margin | 11.25% | 6.28% | 6.47% | 7.27% | 4.81% | 5.19% | 5.92% | 6.89% | 9.86% | 9.90% | 9.05% | 5.33% | -0.29% | -1.76% | -2.68% | -1.62% | 1.58% | -3.22% | -3.26% | -3.15% |
February 3, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $810,400K ÷ $7,202,700K
= 11.25%
The net profit margin of Signet Jewelers Ltd has shown fluctuating trends over the past several quarters. The margin has ranged from negative figures to positive figures, indicating varying levels of profitability. Notably, there was a significant improvement in the net profit margin from the negative values in early 2020 to consistently positive margins in recent quarters. However, the margin has not been steadily increasing, with fluctuations observed across the periods.
The average net profit margin over the provided timeframe is approximately 4.09%. This suggests that, on average, the company retains about 4.09% of its total revenue as net profit after accounting for all expenses and taxes. It is essential for investors and stakeholders to monitor the net profit margin closely as it reflects the company's efficiency in cost management and revenue generation. Additionally, examining the drivers behind the fluctuations in the net profit margin can provide insights into the company's operational performance and potential future profitability.