Earnings Summary

Nextracker Inc.’s revenue jumped 50.13% since last year same period to $719.92Mn in the Q2 2024. On a quarterly growth basis, Nextracker Inc. has generated -2.25% fall in its revenue since last 3-months.

Nextracker Inc.’s net profit jumped 495.72% since last year same period to $121.7Mn in the Q2 2024. On a quarterly growth basis, Nextracker Inc. has generated -40.68% fall in its net profits since last 3-months.

Nextracker Inc.’s net profit margin jumped 296.81% since last year same period to 16.9% in the Q2 2024. On a quarterly growth basis, Nextracker Inc. has generated -39.31% fall in its net profit margins since last 3-months.

Nextracker Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 9.91.

Nextracker Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.62 - a -4.62% fall from last quarter’s estimates.

Nextracker Inc.’s earning per share (EPS) estimates for the current year stand at 0.62.

Nextracker Inc.’s earning per share (EPS) jumped 93.75% since last year same period to 0.93 in the Q2 2024. This indicates that the Nextracker Inc. has generated 93.75% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Nextracker Inc.’s return on assets (ROA) stands at 0.2.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Nextracker Inc.’s return on equity (ROE) stands at 0.66.