Vestis Corporation (VSTS)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 20,970 | 183,616 | 204,072 | 191,956 | 213,158 | -12,819 | 4,333 |
| Revenue (ttm) | US$ in thousands | 2,805,396 | 2,837,440 | 2,848,575 | 2,842,513 | 2,825,286 | 2,792,558 | 2,762,895 |
| Net profit margin | 0.75% | 6.47% | 7.16% | 6.75% | 7.54% | -0.46% | 0.16% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $20,970K ÷ $2,805,396K
= 0.75%
The net profit margin of Vestis Corporation has shown some variability over the past seven quarters. It ranged from a low of -0.46% in the second quarter of 2023 to a high of 7.54% in the third quarter of 2023. The trend appears to have fluctuated with slight decreases and increases between quarters, with significant changes in some periods such as the second quarter of 2023 showing a negative net profit margin.
Overall, the net profit margin of Vestis Corporation has generally been positive, indicating that the company is generating profits after accounting for all expenses. However, the variations in the net profit margin suggest that the company's profitability may be somewhat volatile and could be influenced by factors such as changes in revenue, expenses, or cost management strategies. Further analysis would be needed to understand the underlying reasons for the fluctuations in the net profit margin and to assess the sustainability of Vestis Corporation's profitability.
Peer comparison
Sep 30, 2024