Worthington Industries Inc (WOR)
Net profit margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 60,390 | 42,727 | 38,769 | 110,622 | 272,311 | 296,636 | 288,552 | 256,528 | 206,877 | 216,894 | 310,977 | 379,386 | 412,689 | 423,956 | 239,611 | 723,795 | 626,415 | 574,117 | 700,247 | 78,796 |
| Revenue (ttm) | US$ in thousands | 1,154,679 | 1,166,910 | 1,979,784 | 2,915,736 | 3,825,795 | 4,612,360 | 4,700,980 | 4,916,380 | 5,207,820 | 5,482,740 | 5,540,060 | 5,242,220 | 4,700,239 | 4,081,108 | 3,579,340 | 3,171,429 | 2,804,737 | 2,809,624 | 2,906,169 | 3,059,119 |
| Net profit margin | 5.23% | 3.66% | 1.96% | 3.79% | 7.12% | 6.43% | 6.14% | 5.22% | 3.97% | 3.96% | 5.61% | 7.24% | 8.78% | 10.39% | 6.69% | 22.82% | 22.33% | 20.43% | 24.10% | 2.58% |
February 28, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $60,390K ÷ $1,154,679K
= 5.23%
The net profit margin of Worthington Industries Inc fluctuated over the period from May 31, 2020, to February 28, 2025. The net profit margin was relatively low at 2.58% on May 31, 2020, but saw a significant increase to 24.10% on August 31, 2020. Subsequently, the net profit margin remained above 20% for the next few quarters, indicating strong profitability.
However, there was a notable decline in the net profit margin to 5.61% on August 31, 2022, and further decreases in the following quarters. The net profit margin ranged between 1.96% to 7.12% from August 31, 2024, to February 28, 2025.
Overall, the declining trend in the net profit margin from the peak in August 2020 to February 2025 suggests potential challenges in maintaining profitability. Worthington Industries Inc may need to closely monitor its costs and revenue streams to improve its profitability in the upcoming quarters.
Peer comparison
Feb 28, 2025