Walgreens Boots Alliance Inc (WBA)

Net profit margin

Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019
Net income (ttm) US$ in thousands -6,037,000 574,000 -3,080,000 -3,315,000 -3,144,000 -2,964,000 4,337,000 5,379,000 6,287,000 6,430,000 2,542,000 2,288,000 -617,000 -697,000 456,000 760,000 3,493,000 3,703,000 3,981,000 4,816,000
Revenue (ttm) US$ in thousands 144,409,000 142,217,000 139,712,000 136,739,000 133,981,000 132,914,000 132,484,000 134,297,000 135,290,000 134,271,000 136,618,000 137,102,000 138,097,000 141,108,000 139,109,000 138,317,000 138,220,000 136,893,000 136,337,000 135,825,000
Net profit margin -4.18% 0.40% -2.20% -2.42% -2.35% -2.23% 3.27% 4.01% 4.65% 4.79% 1.86% 1.67% -0.45% -0.49% 0.33% 0.55% 2.53% 2.71% 2.92% 3.55%

February 29, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-6,037,000K ÷ $144,409,000K
= -4.18%

The net profit margin of Walgreens Boots Alliance Inc has shown fluctuations over the past several quarters. It decreased to -4.18% in February 2024, indicating a loss during that period. This decline followed a positive net profit margin of 0.40% in November 2023. Prior to that, the company experienced negative net profit margins in August 2023 and May 2023 at -2.20% and -2.42% respectively.

In contrast, there were periods of positive net profit margins, such as in May 2022 and August 2022, when the margins were 4.01% and 3.27% respectively. The highest net profit margin during the analyzed period was 4.79% in November 2021, demonstrating strong profitability.

It is important to note that the net profit margin is a key indicator of a company's profitability, reflecting how well it controls costs and manages its operations to generate earnings. Monitoring the trend of the net profit margin can provide insights into the financial health and performance of Walgreens Boots Alliance Inc.


Peer comparison

Feb 29, 2024

Company name
Symbol
Net profit margin
Walgreens Boots Alliance Inc
WBA
-4.18%
CVS Health Corp
CVS
2.33%

See also:

Walgreens Boots Alliance Inc Net Profit Margin (Quarterly Data)