Smith AO Corporation (AOS)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 533,600 | 561,200 | 576,500 | 577,300 | 556,600 | 299,200 | 273,600 | 242,800 | 235,700 | 495,400 | 517,200 | 509,200 | 487,100 | 467,500 | 441,300 | 390,900 | 344,900 | 316,200 | 298,100 | 332,400 |
| Revenue (ttm) | US$ in thousands | 3,817,100 | 3,891,700 | 3,924,200 | 3,856,200 | 3,840,800 | 3,786,500 | 3,723,200 | 3,730,700 | 3,744,500 | 3,805,900 | 3,847,700 | 3,742,800 | 3,534,600 | 3,375,000 | 3,219,800 | 3,022,300 | 2,889,000 | 2,805,400 | 2,772,100 | 2,872,700 |
| Net profit margin | 13.98% | 14.42% | 14.69% | 14.97% | 14.49% | 7.90% | 7.35% | 6.51% | 6.29% | 13.02% | 13.44% | 13.60% | 13.78% | 13.85% | 13.71% | 12.93% | 11.94% | 11.27% | 10.75% | 11.57% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $533,600K ÷ $3,817,100K
= 13.98%
The net profit margin of Smith AO Corporation has shown some fluctuations over the observed periods. Starting at 11.57% on March 31, 2020, the margin dipped slightly to 10.75% by June 30, 2020, before gradually increasing to 13.71% by June 30, 2021. Subsequently, the margin remained relatively stable around the mid-13% range until the end of 2022, where there was a significant decline to 6.29% on December 31.
The margin saw a successive increase in the first half of 2023, reaching 7.35% by June 30, and further increasing to 14.49% by the end of December 31, 2023. This heightened level was sustained and even improved slightly to 14.97% by March 31, 2024. The margin then experienced minor fluctuations but generally remained above 14% until September 30, 2024, where it declined to 13.98%.
Overall, despite some fluctuations, Smith AO Corporation demonstrated a positive trend in its net profit margin, showing an ability to generate profit relative to its revenue over the observed periods. This can be indicative of effective cost management and efficient operations contributing to the company's bottom line.
Peer comparison
Dec 31, 2024