VF Corporation (VFC)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	-968,882	118,584	1,386,940	407,869	679,449
Revenue	US$ in thousands	10,184,200	11,421,200	11,695,000	9,105,780	10,488,600
Net profit margin		-9.51%	1.04%	11.86%	4.48%	6.48%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-968,882K ÷ $10,184,200K
= -9.51%

The net profit margin of VF Corporation has shown a fluctuating trend over the past five years, as indicated by the data provided. In the most recent fiscal year ending on March 31, 2024, the net profit margin was at -9.51%, reflecting a negative profitability ratio. This is in stark contrast to the previous year's net profit margin of 1.04%, suggesting a significant decline in profitability.

In contrast, the fiscal year ending March 31, 2022, exhibited a strong net profit margin of 11.86%, demonstrating a robust profitability level for VF Corporation. However, this high profitability was preceded by a slightly lower net profit margin of 4.48% in the fiscal year ending March 31, 2021.

Further back, in the fiscal year ending March 31, 2020, the net profit margin stood at 6.48%, indicating a moderate level of profitability for the company. Overall, the fluctuation in net profit margin over the five-year period suggests varying levels of efficiency in generating profits relative to revenue, highlighting the importance of monitoring and analyzing profitability trends for VF Corporation.