Walgreens Boots Alliance Inc (WBA)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -8,636,000 | -3,080,000 | 4,337,000 | 2,542,000 | 456,000 |
| Revenue | US$ in thousands | 149,391,000 | 140,471,000 | 132,961,000 | 131,917,000 | 138,974,000 |
| Net profit margin | -5.78% | -2.19% | 3.26% | 1.93% | 0.33% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-8,636,000K ÷ $149,391,000K
= -5.78%
The net profit margin of Walgreens Boots Alliance Inc has exhibited fluctuating trends over the past five years. In fiscal year 2020, the company reported a net profit margin of 0.33%, which increased to 1.93% in fiscal year 2021, reflecting improved profitability. However, in the subsequent two years, the net profit margin declined to 3.26% in fiscal year 2022 and further to -2.19% in fiscal year 2023, indicating a reversal in profitability. The most recent data for fiscal year 2024 shows a significant decrease in the net profit margin to -5.78%, suggesting a substantial loss relative to revenue.
This negative trend in net profit margin over the years may raise concerns regarding the company's ability to effectively control costs and generate sufficient profits from its operations. Investors and stakeholders may closely monitor future financial performance to assess the company's strategies for improving profitability and sustaining long-term growth.
Peer comparison
Aug 31, 2024