Universal Corporation (UVV)

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 119,598 132,987 121,431 115,158 124,052 96,115 89,395 87,050 86,577 100,168 98,501 86,493 87,410 63,614 56,307 76,882 71,680 87,476 89,645 93,014
Revenue (ttm) US$ in thousands 5,391,810 5,245,610 5,193,930 5,223,710 5,060,650 4,996,660 4,718,680 4,329,760 4,169,502 4,102,022 4,143,322 3,990,997 3,926,771 3,349,125 3,014,895 3,213,146 3,175,164 3,214,793 3,477,373 3,605,287
Net profit margin 2.22% 2.54% 2.34% 2.20% 2.45% 1.92% 1.89% 2.01% 2.08% 2.44% 2.38% 2.17% 2.23% 1.90% 1.87% 2.39% 2.26% 2.72% 2.58% 2.58%

March 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $119,598K ÷ $5,391,810K
= 2.22%

The net profit margin of Universal Corporation has shown some fluctuations over the past several quarters. In the most recent quarter ending March 31, 2024, the net profit margin was 2.22%, a decrease from the previous quarter's figure of 2.54%. Despite this decrease, the net profit margin remains relatively consistent, hovering around the 2% mark over the period under review.

It is important to note that the net profit margin indicates the percentage of each dollar of revenue that translates into profit after all expenses have been deducted. A higher net profit margin suggests that the company is more efficient in its operations and better at controlling costs.

While the fluctuations in the net profit margin are relatively small, Universal Corporation should continue to monitor and analyze the factors contributing to these variations to ensure sustainable and profitable operations in the long term.


Peer comparison

Mar 31, 2024

Company name
Symbol
Net profit margin
Universal Corporation
UVV
2.22%
The Andersons Inc
ANDE
0.69%