Transdigm Group Incorporated (TDG)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,714,000 | 1,298,000 | 866,000 | 680,000 | 699,000 |
| Revenue | US$ in thousands | 7,940,000 | 6,585,000 | 5,429,000 | 4,798,000 | 5,103,000 |
| Net profit margin | 21.59% | 19.71% | 15.95% | 14.17% | 13.70% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,714,000K ÷ $7,940,000K
= 21.59%
The net profit margin of Transdigm Group Incorporated has shown a consistent upward trend over the past five years, indicating improving profitability.
In the most recent fiscal year ending on September 30, 2024, the net profit margin reached 21.59%, a significant increase from 19.71% in 2023. This demonstrates the company's ability to efficiently control costs and generate strong profits from its operations.
Comparing the current net profit margin with earlier years, we can observe a steady improvement from 15.95% in 2022, 14.17% in 2021, to 13.70% in 2020. This sustained growth in profitability may suggest effective management strategies and operational efficiency within the company.
Overall, the increasing net profit margin of Transdigm Group Incorporated reflects a positive financial performance and may indicate a strong competitive position within its industry. However, further analysis and consideration of other financial metrics are essential to gain a comprehensive understanding of the company's overall financial health.