Net Profit Margin
since 2005
Calculation
Bed Bath & Beyond Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net earnings (loss)1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Feb 26, 2022 | -7.11% | = | 100 | × | (559,623) | ÷ | 7,867,778) |
| Feb 27, 2021 | -1.63% | = | 100 | × | (150,773) | ÷ | 9,233,028) |
| Feb 29, 2020 | -5.50% | = | 100 | × | (613,816) | ÷ | 11,158,580) |
| Mar 2, 2019 | -1.14% | = | 100 | × | (137,224) | ÷ | 12,028,797) |
| Mar 3, 2018 | 3.44% | = | 100 | × | 424,858) | ÷ | 12,349,301) |
| Feb 25, 2017 | 5.61% | = | 100 | × | 685,108) | ÷ | 12,215,757) |
| Feb 27, 2016 | 6.95% | = | 100 | × | 841,489) | ÷ | 12,103,887) |
| Feb 28, 2015 | 8.06% | = | 100 | × | 957,474) | ÷ | 11,881,176) |
| Mar 1, 2014 | 8.89% | = | 100 | × | 1,022,290) | ÷ | 11,503,963) |
| Mar 2, 2013 | 9.51% | = | 100 | × | 1,037,788) | ÷ | 10,914,585) |
| Feb 25, 2012 | 10.42% | = | 100 | × | 989,537) | ÷ | 9,499,890) |
| Feb 26, 2011 | 9.04% | = | 100 | × | 791,333) | ÷ | 8,758,503) |
| Feb 27, 2010 | 7.66% | = | 100 | × | 600,033) | ÷ | 7,828,793) |
| Feb 28, 2009 | 5.90% | = | 100 | × | 425,123) | ÷ | 7,208,340) |
| Mar 1, 2008 | 7.98% | = | 100 | × | 562,808) | ÷ | 7,048,942) |
| Mar 3, 2007 | 8.98% | = | 100 | × | 594,244) | ÷ | 6,617,429) |
| Feb 25, 2006 | 9.86% | = | 100 | × | 572,847) | ÷ | 5,809,562) |
| Feb 26, 2005 | 9.81% | = | 100 | × | 504,964) | ÷ | 5,147,678) |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).
1 US$ in thousands
The financial performance from 2005 to 2022 reveals a transition from consistent profitability to significant net losses, characterized by a long-term erosion of the net profit margin.
- Profitability Peak and Early Stability
- Between 2005 and 2012, the net profit margin remained generally positive, fluctuating between 5.90% and 10.42%. A temporary decline occurred in 2009, reaching 5.90%, followed by a recovery that peaked at 10.42% in 2012. This period was characterized by a general expansion in net sales and a corresponding increase in net earnings.
- Gradual Margin Erosion
- From 2013 to 2018, a sustained downward trend in the net profit margin is evident. Despite net sales reaching a historical peak of approximately 12.35 billion US dollars in 2017, the profit margin declined every consecutive year, falling from 9.51% in 2013 to 3.44% by 2018. This suggests that expenses grew at a rate exceeding revenue growth, leading to reduced operational efficiency.
- Fiscal Collapse and Negative Returns
- Beginning in 2019, the net profit margin shifted into negative territory, dropping to -1.14% and eventually reaching -7.11% by 2022. This period of negative profitability coincides with a sharp contraction in net sales, which fell from 12.03 billion US dollars in 2018 to 7.87 billion US dollars in 2022. The acceleration of net losses during this phase indicates an inability to scale costs downward in alignment with falling revenues.
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Comparison to Competitors
Bed Bath & Beyond Inc., net profit margin, long-term trends, comparison to competitors
| Bed Bath & Beyond Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Feb 26, 2022 | -7.11% | -0.53% | 10.87% | 8.77% | 6.76% |
| Feb 27, 2021 | -1.63% | 7.10% | 9.74% | 6.51% | 0.28% |
| Feb 29, 2020 | -5.50% | 5.53% | 10.20% | 5.93% | 7.84% |
| Mar 2, 2019 | -1.14% | 4.13% | 10.28% | 3.25% | 7.85% |
| Mar 3, 2018 | 3.44% | 4.33% | 8.55% | 5.02% | 7.27% |
| Feb 25, 2017 | 5.61% | 1.71% | 8.41% | 4.76% | 6.93% |
| Feb 27, 2016 | 6.95% | 1.74% | 7.92% | 4.31% | 7.36% |
| Feb 28, 2015 | 8.06% | 0.56% | 7.63% | 4.80% | 7.62% |
| Mar 1, 2014 | 8.89% | -0.27% | 6.83% | 4.28% | 7.79% |
| Mar 2, 2013 | 9.51% | 0.37% | 6.07% | 3.88% | 7.37% |
| Feb 25, 2012 | 10.42% | -0.06% | 5.52% | 3.66% | 6.45% |
| Feb 26, 2011 | 9.04% | 1.31% | 4.91% | 4.12% | 6.12% |
| Feb 27, 2010 | 7.66% | 3.37% | 4.02% | 3.78% | 5.98% |
| Feb 28, 2009 | 5.90% | 3.68% | 3.17% | 4.55% | 4.63% |
| Mar 1, 2008 | 7.98% | 3.37% | 5.68% | 5.82% | 4.14% |
| Mar 3, 2007 | 8.98% | 3.21% | 6.34% | 6.62% | 4.24% |
| Feb 25, 2006 | 9.86% | 1.77% | 7.16% | 6.41% | 4.30% |
| Feb 26, 2005 | 9.81% | 4.23% | 6.84% | 5.97% | 4.45% |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Bed Bath & Beyond Inc., net profit margin, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Bed Bath & Beyond Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 26, 2022 | -7.11% | 3.14% |
| Feb 27, 2021 | -1.63% | 7.21% |
| Feb 29, 2020 | -5.50% | 6.58% |
| Mar 2, 2019 | -1.14% | 5.63% |
| Mar 3, 2018 | 3.44% | 5.65% |
| Feb 25, 2017 | 5.61% | 4.42% |
| Feb 27, 2016 | 6.95% | 4.52% |
| Feb 28, 2015 | 8.06% | 4.30% |
| Mar 1, 2014 | 8.89% | 3.85% |
| Mar 2, 2013 | 9.51% | 3.85% |
| Feb 25, 2012 | 10.42% | 3.50% |
| Feb 26, 2011 | 9.04% | 3.92% |
| Feb 27, 2010 | 7.66% | 4.06% |
| Feb 28, 2009 | 5.90% | 3.83% |
| Mar 1, 2008 | 7.98% | 5.27% |
| Mar 3, 2007 | 8.98% | 5.93% |
| Feb 25, 2006 | 9.86% | 6.26% |
| Feb 26, 2005 | 9.81% | 6.17% |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).
Comparison to Industry (Consumer Discretionary)
Bed Bath & Beyond Inc., net profit margin, long-term trends, comparison to industry (consumer discretionary)
| Bed Bath & Beyond Inc. | Consumer Discretionary | |
|---|---|---|
| Feb 26, 2022 | -7.11% | 5.02% |
| Feb 27, 2021 | -1.63% | 9.12% |
| Feb 29, 2020 | -5.50% | 5.18% |
| Mar 2, 2019 | -1.14% | 5.92% |
| Mar 3, 2018 | 3.44% | 6.19% |
| Feb 25, 2017 | 5.61% | 4.38% |
| Feb 27, 2016 | 6.95% | 5.77% |
| Feb 28, 2015 | 8.06% | 6.37% |
| Mar 1, 2014 | 8.89% | 4.66% |
| Mar 2, 2013 | 9.51% | 5.29% |
| Feb 25, 2012 | 10.42% | 5.32% |
| Feb 26, 2011 | 9.04% | 8.80% |
| Feb 27, 2010 | 7.66% | 5.80% |
| Feb 28, 2009 | 5.90% | 4.94% |
| Mar 1, 2008 | 7.98% | 0.22% |
| Mar 3, 2007 | 8.98% | 3.23% |
| Feb 25, 2006 | 9.86% | 0.73% |
| Feb 26, 2005 | 9.81% | 4.49% |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25), 10-K (reporting date: 2016-02-27), 10-K (reporting date: 2015-02-28), 10-K (reporting date: 2014-03-01), 10-K (reporting date: 2013-03-02), 10-K (reporting date: 2012-02-25), 10-K (reporting date: 2011-02-26), 10-K (reporting date: 2010-02-27), 10-K (reporting date: 2009-02-28), 10-K (reporting date: 2008-03-01), 10-K (reporting date: 2007-03-03), 10-K (reporting date: 2006-02-25), 10-K (reporting date: 2005-02-26).