New Oriental Education & Technology Group Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2011 | 60.4% | 17.4% | 18.9% |
| FY2012 | 61.1% | 16.0% | 17.6% |
| FY2013 | 60.0% | 12.8% | 14.2% |
| FY2014 | 60.3% | 17.3% | 18.9% |
| FY2015 | 57.8% | 12.3% | 15.5% |
| FY2016 | 58.4% | 13.4% | 15.2% |
| FY2017 | 58.3% | 14.6% | 15.3% |
| FY2018 | 56.5% | 10.7% | 12.1% |
| FY2019 | 55.6% | 9.9% | 7.7% |
| FY2020 | 55.6% | 11.1% | 11.5% |