Universal Corporation (UVV)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 119,598 | 124,052 | 86,577 | 87,410 | 71,680 |
| Revenue | US$ in thousands | 5,381,540 | 5,054,850 | 4,159,990 | 3,928,210 | 3,761,740 |
| Net profit margin | 2.22% | 2.45% | 2.08% | 2.23% | 1.91% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $119,598K ÷ $5,381,540K
= 2.22%
Universal Corporation's net profit margin has fluctuated over the past five years, ranging from 1.91% in March 2020 to 2.45% in March 2023. The net profit margin for the most recent period ending March 31, 2024, stands at 2.22%. This indicates that for every dollar of revenue generated, the company is able to retain 2.22 cents as net profit after accounting for all expenses.
While the net profit margin has shown variability, it has generally remained within a relatively narrow range, suggesting consistent management of costs and expenses relative to revenue. A higher net profit margin typically indicates better cost control and efficiency in operations, whereas a lower margin may signal challenges in managing expenses or pricing strategies.
It is important for Universal Corporation to monitor its net profit margin closely and identify any underlying factors that may be influencing fluctuations in profitability. By analyzing trends in the net profit margin over time, the company can gain insights into its financial performance and make informed decisions to enhance profitability in the future.
Peer comparison
Mar 31, 2024