Winnebago Industries Inc (WGO)
Net profit margin
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 13,000 | 215,900 | 390,600 | 281,900 | 61,442 |
| Revenue | US$ in thousands | 2,973,500 | 3,470,200 | 4,916,420 | 3,594,240 | 2,318,070 |
| Net profit margin | 0.44% | 6.22% | 7.94% | 7.84% | 2.65% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $13,000K ÷ $2,973,500K
= 0.44%
The net profit margin of Winnebago Industries Inc has shown fluctuations over the past five years. In August 2024, the net profit margin was 0.44%, a significant decrease from the previous year's margin of 6.22%. This decline may indicate a decrease in profitability relative to the company's revenue for the year. However, it is important to note that the net profit margin in 2024 is still positive, albeit considerably lower. Comparing the current net profit margin to the margins in 2022 and 2021, which were 7.94% and 7.84% respectively, there has been a noticeable downward trend in profitability. The net profit margin in 2020 was 2.65%, which is slightly higher than the most recent 2024 figure. Overall, the declining net profit margin in 2024 suggests potential challenges for Winnebago Industries Inc in maintaining profitability levels.
Peer comparison
Aug 31, 2024