Williams-Sonoma Inc (WSM)
Net profit margin
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 949,762 | 1,127,900 | 1,126,340 | 680,714 | 356,062 |
| Revenue | US$ in thousands | 7,750,650 | 8,674,420 | 8,245,940 | 6,788,970 | 5,905,720 |
| Net profit margin | 12.25% | 13.00% | 13.66% | 10.03% | 6.03% |
January 28, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $949,762K ÷ $7,750,650K
= 12.25%
The net profit margin of Williams-Sonoma Inc has shown a general increasing trend over the past five years, with fluctuations in the percentage. In the latest fiscal year, the net profit margin declined to 12.25% from 13.00% in the previous year. Despite this slight decrease, the company's profitability remains relatively strong compared to two years ago, where it stood at 10.03%. The significant improvement from 6.03% in 2020 highlights the company's efforts to enhance its operational efficiency and management of costs in order to generate higher profits from its revenue. Overall, Williams-Sonoma Inc has been able to maintain healthy profitability levels over the years, albeit with some fluctuations.