Woodward Inc (WWD)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 372,971 | 232,368 | 171,698 | 208,649 | 240,395 |
| Revenue | US$ in thousands | 3,334,880 | 2,865,510 | 2,353,550 | 2,214,170 | 2,467,570 |
| Net profit margin | 11.18% | 8.11% | 7.30% | 9.42% | 9.74% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $372,971K ÷ $3,334,880K
= 11.18%
Woodward Inc's net profit margin has shown a positive trend over the past five years. In the latest fiscal year ending on September 30, 2024, the net profit margin reached 11.18%, representing an increase from the previous year's 8.11%. This improvement suggests that the company has become more efficient in managing its expenses relative to its revenue.
Comparing the current net profit margin to prior years, it is evident that Woodward Inc's profitability has generally been on an upward trajectory since 2020 when the net profit margin was at 9.74%. The company's ability to sustain and enhance its profitability over time indicates solid financial performance and effective cost management strategies.
Overall, Woodward Inc's increasing net profit margin signifies a growing ability to generate earnings from its operations, which is a positive indicator of the company's financial health and operational efficiency.