Smith AO Corporation (AOS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 533,600 | 556,600 | 235,700 | 487,100 | 344,900 |
| Revenue | US$ in thousands | 3,818,100 | 3,840,800 | 3,744,500 | 3,534,600 | 2,888,000 |
| Net profit margin | 13.98% | 14.49% | 6.29% | 13.78% | 11.94% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $533,600K ÷ $3,818,100K
= 13.98%
Smith AO Corporation's net profit margin has exhibited fluctuations over the years. The trend shows a promising increase from 11.94% as of December 31, 2020, to 13.78% by December 31, 2021. However, there was a notable decline in net profit margin to 6.29% by December 31, 2022. Nevertheless, the company showed resilience and managed to improve its net profit margin to 14.49% by December 31, 2023, before slightly decreasing to 13.98% by December 31, 2024. Overall, the variances in net profit margin reflect the company's ability to generate profits relative to its revenue, indicating a mix of challenges and successes in achieving profitability over the years.
Peer comparison
Dec 31, 2024