Astec Industries Inc (ASTE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,300 | 33,500 | -600 | 15,800 | 46,000 |
| Revenue | US$ in thousands | 1,305,100 | 1,338,200 | 1,274,500 | 1,097,200 | 1,024,400 |
| Net profit margin | 0.33% | 2.50% | -0.05% | 1.44% | 4.49% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $4,300K ÷ $1,305,100K
= 0.33%
The net profit margin of Astec Industries Inc has shown fluctuations over the past five years. In December 2020, the net profit margin was 4.49%, indicating that for every dollar of revenue generated, the company retained 4.49 cents as profit. However, in December 2021, the net profit margin decreased to 1.44%, reflecting a decline in profitability.
Furthermore, by December 2022, the net profit margin turned negative at -0.05%, implying that the company incurred a loss. This downturn in profitability raises concerns about the company's financial health and operational efficiency during that period.
Nonetheless, in December 2023, the net profit margin improved to 2.50%, signifying a recovery in profitability. This positive trend indicates that Astec Industries Inc may have implemented strategic measures to enhance profitability.
However, in the most recent data available for December 2024, the net profit margin declined to 0.33%, suggesting a potential challenge in sustaining or further improving profitability levels.
In conclusion, the analysis of Astec Industries Inc's net profit margin reveals varying performance levels over the five-year period, with fluctuations in profitability that may require further examination to determine the underlying factors influencing the company's financial results.
Peer comparison
Dec 31, 2024