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Victrex (LSE:VCT) Net Margin % : 1.90% (As of Mar. 2024)


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What is Victrex Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Victrex's Net Income for the six months ended in Mar. 2024 was £2.7 Mil. Victrex's Revenue for the six months ended in Mar. 2024 was £141.8 Mil. Therefore, Victrex's net margin for the quarter that ended in Mar. 2024 was 1.90%.

The historical rank and industry rank for Victrex's Net Margin % or its related term are showing as below:

LSE:VCT' s Net Margin % Range Over the Past 10 Years
Min: 20.1   Med: 31.72   Max: 34.29
Current: 20.1


LSE:VCT's Net Margin % is ranked better than
92.68% of 1530 companies
in the Chemicals industry
Industry Median: 4.04 vs LSE:VCT: 20.10

Victrex Net Margin % Historical Data

The historical data trend for Victrex's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Victrex Net Margin % Chart

Victrex Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.07 20.49 23.52 22.35 20.10

Victrex Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.36 21.43 21.60 18.54 1.90

Competitive Comparison of Victrex's Net Margin %

For the Specialty Chemicals subindustry, Victrex's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Victrex's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Victrex's Net Margin % distribution charts can be found below:

* The bar in red indicates where Victrex's Net Margin % falls into.



Victrex Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Victrex's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=61.7/307
=20.10 %

Victrex's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2.7/141.8
=1.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Victrex  (LSE:VCT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Victrex Net Margin % Related Terms

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Victrex (LSE:VCT) Business Description

Traded in Other Exchanges
Address
Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Victrex is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. Around 40% of sales are generated in Europe, with Asia and the Americas contributing 30% each. The business has two segments. The industrial segment targets transportation, energy, electronics, and manufacturing, while the medical segment provides healthcare solutions for the implantable device markets.

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