Vestis Corporation (VSTS)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 191,956 | 213,158 | -12,819 | 4,333 |
| Revenue (ttm) | US$ in thousands | 2,842,513 | 2,825,286 | 2,792,558 | 2,762,895 |
| Net profit margin | 6.75% | 7.54% | -0.46% | 0.16% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $191,956K ÷ $2,842,513K
= 6.75%
The net profit margin of Vestis Corporation has fluctuated over the past four quarters. In December 2023, the net profit margin was 6.75%, which decreased from 7.54% in September 2023. However, the net profit margin was negative at -0.46% in June 2023, indicating a loss during that period. The net profit margin improved slightly to 0.16% in March 2023. Overall, Vestis Corporation experienced variability in its profitability over the quarters, with efforts needed to stabilize and potentially improve its net profit margin in the future.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Vestis Corporation
VSTS
6.75%
Central Garden & Pet Company
CENT
4.06%
Central Garden & Pet Company A
CENTA
4.06%