Triumph Group Inc (TGI)
Net profit margin
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 512,384 | -52,904 | -26,050 | 81,772 | 89,593 | 96,561 | 92,847 | -22,749 | -42,758 | -105,702 | -181,056 | -205,475 | -450,910 | -452,776 | -397,866 | -322,143 | -28,269 | -157,875 | -175,614 | -232,524 |
| Revenue (ttm) | US$ in thousands | 1,192,043 | 1,158,914 | 1,135,621 | 1,158,543 | 1,244,104 | 1,305,297 | 1,362,884 | 1,412,680 | 1,459,942 | 1,540,124 | 1,646,869 | 1,771,288 | 1,869,719 | 2,095,996 | 2,374,668 | 2,664,963 | 2,900,117 | 3,076,034 | 3,179,263 | 3,262,261 |
| Net profit margin | 42.98% | -4.56% | -2.29% | 7.06% | 7.20% | 7.40% | 6.81% | -1.61% | -2.93% | -6.86% | -10.99% | -11.60% | -24.12% | -21.60% | -16.75% | -12.09% | -0.97% | -5.13% | -5.52% | -7.13% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $512,384K ÷ $1,192,043K
= 42.98%
The net profit margin of Triumph Group Inc has shown significant fluctuations over the past few quarters. In the first quarter of 2024, the net profit margin was positive at 42.98%, indicating a strong profitability level. However, this was preceded by negative margins in the previous three quarters, with the lowest being -24.12% in the first quarter of 2021.
The company's profitability improved in the second half of 2023 and into 2024, with margins gradually turning positive. Despite the challenges faced in earlier periods, Triumph Group Inc managed to increase its profitability and achieve a healthy net profit margin in the most recent quarter.
It is essential for investors and stakeholders to closely monitor the company's future financial performance to assess the sustainability of this positive trend in net profit margins.
Peer comparison
Mar 31, 2024