Signet Jewelers Ltd (SIG)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 621,500 | 604,900 | 903,400 | -57,700 | 158,300 |
| Revenue | US$ in thousands | 7,202,700 | 7,830,100 | 7,807,100 | 5,166,000 | 6,113,300 |
| Operating profit margin | 8.63% | 7.73% | 11.57% | -1.12% | 2.59% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $621,500K ÷ $7,202,700K
= 8.63%
Signet Jewelers Ltd's operating profit margin has fluctuated over the past five years, ranging from a low of -1.12% in January 2021 to a high of 11.57% in January 2022. The operating profit margin for the most recent fiscal year, as of February 3, 2024, stands at 8.63%, showing an improvement compared to the previous year. This indicates that Signet Jewelers Ltd has managed to effectively control its operating expenses relative to its revenue, resulting in a stronger profitability margin. However, it is important to note the volatility in the operating profit margin over the years, suggesting potential challenges in maintaining consistent profitability levels.