Autoliv Inc (ALV)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 488,000 | 423,000 | 435,000 | 187,000 | 462,000 |
| Revenue | US$ in thousands | 10,353,000 | 8,838,000 | 8,201,000 | 7,352,100 | 8,465,200 |
| Net profit margin | 4.71% | 4.79% | 5.30% | 2.54% | 5.46% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $488,000K ÷ $10,353,000K
= 4.71%
The net profit margin of Autoliv Inc. has exhibited some fluctuations over the past five years. In 2023, the net profit margin decreased slightly to 4.65% from 4.78% in 2022. This downward trend contrasts with the year 2021, where the company achieved a higher net profit margin of 5.30%. Notably, in 2020, the net profit margin was at 2.51%, indicating a significant improvement in profitability compared to the previous year. The highest net profit margin among the years analyzed was in 2019, standing at 5.40%.
Overall, the varying net profit margin figures suggest that Autoliv Inc. has experienced fluctuations in its profitability over the last five years, potentially due to changes in revenue, operating expenses, or other factors impacting the company's bottom line performance. Further analysis of the company's financial statements and performance drivers would be beneficial to gain a deeper understanding of the factors influencing its net profit margin over time.
Peer comparison
Dec 31, 2023