Allegheny Technologies Incorporated (ATI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 367,800 | 410,800 | 130,900 | -16,200 | -1,559,600 |
| Revenue | US$ in thousands | 4,362,100 | 7,544,800 | 3,836,000 | 2,799,800 | 2,982,100 |
| Net profit margin | 8.43% | 5.44% | 3.41% | -0.58% | -52.30% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $367,800K ÷ $4,362,100K
= 8.43%
Allegheny Technologies Incorporated's net profit margin has shown a significant improvement over the past few years. The company recorded a negative net profit margin of -52.30% as of December 31, 2020, which indicates that the company was experiencing a loss relative to its revenue. However, the net profit margin improved to -0.58% as of December 31, 2021, signaling progress towards profitability.
By December 31, 2022, Allegheny Technologies Incorporated managed to achieve a positive net profit margin of 3.41%, indicating that the company was generating profits relative to its revenue. This positive trend continued in the following years, with the net profit margin further increasing to 5.44% as of December 31, 2023, and 8.43% as of December 31, 2024.
Overall, the upward trajectory of Allegheny Technologies Incorporated's net profit margin reflects improved efficiency in managing costs and expenses relative to its revenue, leading to a healthier bottom line and profitability for the company.