Insteel Industries(Iiin) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios

Company Report for IIIN

Report - net profit margin

This chart shows the historical trend of net profit margin for IIIN compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Net Profit Margin

Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.

Interpretation:
• In '2021', IIIN's net profit margin was 11.3%, measuring the overall profitability of the company. Industry average for Steel/Iron Ore in '2021' stood at -10.9%.
• In '2022', IIIN's net profit margin was 15.1%, measuring the overall profitability of the company. The increase since '2021' reflects strengthening financial performance. Industry average for Steel/Iron Ore in '2022' stood at 10.4%. Industry average increased by 21.2% compared to previous year.
• In '2023', IIIN's net profit margin was 5.0%, measuring the overall profitability of the company. The decline from '2022' may indicate some operational or financial challenges. Industry average for Steel/Iron Ore in '2023' stood at -37.8%. Industry average declined by 48.2% from previous year.
• In '2024', IIIN's net profit margin was 3.6%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Steel/Iron Ore in '2024' stood at 8.9%. Industry average increased by 46.7% compared to previous year.
Overall, IIIN's net profit margin has been volatile but showed a downward trend over the past 4 years.

Formula: Net Profit Margin = Net Income / Revenue

Good Range: Ranges 5%-20% for many industries.