Karooooo (KARO) Net Margin (2021 - 2029)
Karooooo's (KARO) quarterly Net Margin came in at 20.55% in Q1 2029, up 119.0% on a YoY basis from 9.38% in Q1 2028, and up 6.17% quarter-over-quarter from 19.36% in Q1 2028.
Analysis
Karooooo (KARO) Net Margin (2021 - 2029) Analysis & Trends
Karooooo (KARO) has reported Net Margin for 8 consecutive years, with 20.55% the latest figure, recorded in Q1 2029.
- For the quarter ending Q1 2029, Net Margin rose 119.0% year-over-year to 20.55%; the trailing twelve-month figure through Feb 2029 stood at 18.39% (up 41.0% YoY), and the FY2029 full-year result was 18.07%, up 52.0% from the prior year.
- Net Margin grew to 20.55% in Q1 2029 per KARO's latest filing, from 19.36% in the prior quarter.
- Across five years, Net Margin topped out at 20.68% in Q2 2025 and bottomed at 15.34% in Q1 2026.
- Historically, Net Margin has averaged 19.02% across 4 years, with a median of 19.09% in 2026.
- The sharpest annual moves came in 2025 and 2026: Net Margin surged 119 bps in 2025, then plunged 522 bps in 2026.
- Over 4 years, Net Margin stood at 18.73% in 2025, then grew by 0 bps to 18.82% in 2026, then increased by 3 bps to 19.36% in 2028, then gained by 6 bps to 20.55% in 2029.
- According to Business Quant data, Net Margin over the past three periods registered 20.55%, 19.36%, and 18.82% for Q1 2029, Q1 2028, and Q2 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 9.29% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 16.91% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 33.72% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 3.47% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -14.44% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 20.55% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 25.79% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -18.28% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | -7.62% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 27.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2029 | 20.55% |
| Feb 29, 2028 | 19.36% |
| May 31, 2026 | 18.82% |
| Feb 28, 2026 | 15.34% |
| Nov 30, 2025 | 18.73% |
| Aug 31, 2025 | 18.12% |
| May 31, 2025 | 20.68% |
| Feb 28, 2025 | 20.55% |
| Nov 30, 2024 | 20.46% |
| Aug 31, 2024 | 19.11% |
| May 31, 2024 | 20.48% |
| Feb 29, 2024 | 19.36% |
| Nov 30, 2023 | 18.18% |
| Aug 31, 2023 | 16.70% |
| May 31, 2023 | 15.80% |
| Feb 28, 2023 | 15.88% |
| Nov 30, 2022 | 15.65% |
| Aug 31, 2022 | 17.75% |
| May 6, 2022 | 14.10% |
| Feb 28, 2022 | 12.99% |