Signet Jewelers Ltd (SIG)
Net profit margin
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 61,200 | 586,800 | 591,500 | 765,100 | 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 |
| Revenue (ttm) | US$ in thousands | 6,712,300 | 6,880,500 | 6,926,400 | 7,048,500 | 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 |
| Net profit margin | 0.91% | 8.53% | 8.54% | 10.85% | 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% |
February 1, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $61,200K ÷ $6,712,300K
= 0.91%
Signet Jewelers Ltd has shown fluctuations in its net profit margin over the period provided. The net profit margin is a key financial metric that indicates the company's profitability after all expenses have been deducted from its revenue.
From the data provided, Signet Jewelers Ltd experienced negative net profit margins in the first few quarters of the period, suggesting that the company's expenses were higher than its revenue during those periods. However, the company started to show improvement in profitability from May 2021 onwards, with positive net profit margins being recorded.
The company's net profit margin improved significantly from February 2024 to May 2024, reaching double-digit percentages, which indicates a strong profitability performance during that period. However, there was a slight decline in the net profit margin in the subsequent quarters, although it remained positive.
Overall, despite some fluctuations, Signet Jewelers Ltd has shown improvement in its net profit margin over the period, indicating better cost management and revenue generation efficiency. Further monitoring of the trend will be necessary to assess the company's long-term profitability prospects.