Weyco(Weys) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios

Company Report for WEYS

Report - net profit margin

This chart shows the historical trend of net profit margin for WEYS 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', WEYS's net profit margin was 7.7%, measuring the overall profitability of the company. Industry average for Apparel in '2021' stood at 0.0%.
• In '2022', WEYS's net profit margin was 8.4%, measuring the overall profitability of the company. The increase since '2021' reflects strengthening financial performance. Industry average for Apparel in '2022' stood at 0.6%. Industry average increased by 0.6% compared to previous year.
• In '2023', WEYS's net profit margin was 9.5%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Apparel in '2023' stood at 2.7%. Industry average increased by 2.1% compared to previous year.
• In '2024', WEYS's net profit margin was 10.4%, measuring the overall profitability of the company. The increase since '2023' reflects strengthening financial performance. Industry average for Apparel in '2024' stood at 1.8%. Industry average declined by 1.0% from previous year.
Overall, WEYS's net profit margin has been volatile but showed an upward trend over the past 4 years.

Formula: Net Profit Margin = Net Income / Revenue

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