Standex International Corporation (SXI)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 73,074 | 138,992 | 61,393 | 36,473 | 20,188 |
| Revenue | US$ in thousands | 720,909 | 797,947 | 729,921 | 636,329 | 604,535 |
| Net profit margin | 10.14% | 17.42% | 8.41% | 5.73% | 3.34% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $73,074K ÷ $720,909K
= 10.14%
The net profit margin of Standex International Corporation has fluctuated over the past five years. In the most recent fiscal year ending June 30, 2024, the net profit margin was 10.14%, showing a decrease from the prior year's figure of 17.42%. Despite this decrease, the company's profitability remains relatively strong compared to the earlier years, such as in fiscal year 2020 when the net profit margin was 3.34%.
The increase in net profit margin from 2020 to 2023 indicates an improvement in the company's ability to generate profit relative to its revenue. However, the decrease in the most recent fiscal year may suggest various factors at play, such as changes in expenses, pricing strategies, or shifts in the competitive landscape.
Overall, while the net profit margin has shown variability, it is important for Standex International Corporation to continue monitoring and managing its profitability effectively to ensure sustainable financial performance in the future.
Peer comparison
Jun 30, 2024