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.

Operating Profit Margin
since 2013

Microsoft Excel

Calculation

RH, operating 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

The financial data reveals significant trends in operational performance, revenue, and profitability over the period analyzed.

Income (Loss) from Operations
The income from operations exhibits a noteworthy positive trajectory, starting from a substantial loss of approximately US$69 million in early 2013 to a peak operational income near US$927 million in early 2022. This indicates a strong turnaround and continuous growth in operational earnings over the years. However, there is a slight decline in the latest period recorded, with income falling to about US$722 million, which may warrant further examination to understand contributory factors.
Net Revenues
Net revenues demonstrate a consistent upward trend throughout the period, rising from around US$1.19 billion in 2013 to over US$3.7 billion by early 2022, indicating significant top-line growth. Despite a small decrease in the most recent year (early 2023) to roughly US$3.59 billion, revenues have largely expanded, reflecting increased sales volume or price adjustments over time.
Operating Profit Margin
The operating profit margin reflects marked improvement, transitioning from a negative margin of approximately -5.79% in 2013 to a high point of 24.67% in 2022. This denotes an enhancement in operational efficiency and profitability relative to revenues. Nonetheless, the margin dips somewhat in the subsequent period to 20.11%, suggesting a moderation in operating leverage or increased cost pressures impacting profitability despite substantial revenue levels.

Overall, the data shows a company that has successfully shifted from operational losses to sustained profitability, with net revenues and operating margins generally increasing over the analyzed timeframe. The slight recent decreases in income from operations and operating margin along with a small revenue decline might indicate emerging challenges or a stabilization phase requiring attention.


Comparison to Competitors

RH, operating 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).