Stock Analysis on Net

RH (NYSE:RH)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 26, 2023.

Net Profit Margin
since 2013

Microsoft Excel

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Calculation

RH, net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).

1 US$ in thousands


Net Income (Loss)
The net income demonstrates significant variability across the periods analyzed. Initially, a substantial loss of approximately -12.8 million USD was recorded, followed by a positive turnaround in the ensuing years. From 2014 to 2015, the net income increased notably from around 18.2 million USD to 91 million USD, remaining relatively stable in 2016. However, a sharp decline was observed in 2017 and 2018, with net income dropping to single-digit millions. Subsequently, a strong upward trend is evident starting in 2019, peaking at 688.5 million USD in 2022 before decreasing to 528.6 million USD in 2023.
Net Revenues
Net revenues show a consistent upward trajectory over the entire period, beginning at approximately 1.19 billion USD in 2013 and more than tripling to around 3.59 billion USD by 2023. The increase is steady year-over-year with no significant declines, indicating sustained growth in the company's top-line performance.
Net Profit Margin
The net profit margin reflects an overall improvement corresponding with the trends in net income. Starting from a negative margin of -1.07% in 2013, the margin turned positive in 2014 and showed marked improvement reaching 4.87% in 2015. A slight decline occurred between 2016 and 2018, maintaining low but positive margins around 0.09% to 0.25%. From 2019 onwards, a significant upward trend resumed, with margins rising from 6.01% to a peak of 18.32% in 2022, followed by a moderate decrease to 14.72% in 2023.
Overall Analysis
The data reflects a company that transitioned from losses to robust profitability over the span analyzed. Despite fluctuations particularly visible in net income between 2017 and 2018, revenue growth remained steady and strong. The improvement in net profit margin aligns with rising net income and revenues, suggesting enhancement in operational efficiency or other profitability factors. The peak in profitability observed in 2022 was slightly eroded in 2023 but remains substantially higher compared to earlier years, signifying sustained financial strength in the recent period.

Comparison to Competitors

RH, net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).


Comparison to Sector (Consumer Discretionary Distribution & Retail)

RH, net profit margin, long-term trends, comparison to sector (consumer discretionary distribution & retail)

Microsoft Excel

Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).


Comparison to Industry (Consumer Discretionary)

RH, net profit margin, long-term trends, comparison to industry (consumer discretionary)

Microsoft Excel

Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).