Signet Jewelers Ltd (SIG)
Operating profit margin
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 110,700 | 621,500 | 604,900 | 903,400 | -57,700 |
| Revenue | US$ in thousands | 6,712,300 | 7,202,700 | 7,830,100 | 7,807,100 | 5,166,000 |
| Operating profit margin | 1.65% | 8.63% | 7.73% | 11.57% | -1.12% |
February 1, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $110,700K ÷ $6,712,300K
= 1.65%
Signet Jewelers Ltd's operating profit margin has shown fluctuations over the past five years. The margin was negative at -1.12% on January 30, 2021, indicating a loss on operations for that period. However, the company's performance improved significantly by January 29, 2022, with an operating profit margin of 11.57%, indicating strong profitability.
Subsequently, there was a slight decline in the operating profit margin to 7.73% by January 28, 2023, followed by a further increase to 8.63% by February 3, 2024. However, by February 1, 2025, the operating profit margin decreased to 1.65%, signifying a decline in profitability compared to the previous year.
Overall, Signet Jewelers Ltd's operating profit margin has shown volatility over the years, with both significant improvements and declines. It is important for the company to focus on sustainable growth strategies to maintain and enhance its profitability in the future.