Allegheny Technologies Incorporated (ATI)
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 | 367,800 | 376,400 | 369,400 | 377,900 | 396,300 | 520,100 | 505,500 | 377,100 | 323,500 | 24,200 | 11,800 | 600 | -38,200 | -1,129,400 | -1,228,200 | -1,601,600 | -1,572,600 | -395,100 | -234,000 | 263,700 |
| Revenue (ttm) | US$ in thousands | 4,362,100 | 5,111,700 | 5,917,100 | 5,867,800 | 5,863,000 | 4,951,100 | 4,126,500 | 4,040,000 | 3,836,000 | 3,591,000 | 3,284,700 | 2,941,400 | 2,799,800 | 2,692,700 | 2,565,000 | 2,719,100 | 2,982,100 | 3,342,400 | 3,763,100 | 4,073,200 |
| Net profit margin | 8.43% | 7.36% | 6.24% | 6.44% | 6.76% | 10.50% | 12.25% | 9.33% | 8.43% | 0.67% | 0.36% | 0.02% | -1.36% | -41.94% | -47.88% | -58.90% | -52.73% | -11.82% | -6.22% | 6.47% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $367,800K ÷ $4,362,100K
= 8.43%
The net profit margin of Allegheny Technologies Incorporated has shown fluctuation over the past few years. It started with positive margins in 2020 but turned negative by the end of the year. The company experienced significant losses in the latter part of 2020 and early 2021, with margins ranging from -52.73% to -58.90%.
However, there was a gradual improvement in profitability from the first quarter of 2022 onwards, with the net profit margin moving back into positive territory. The margins have shown an upward trend since then, reaching 8.43% by the end of 2024.
Overall, the company has successfully turned around its profitability, showing consistent improvement in its net profit margin over the past few years. This indicates better control over costs and efficient management of revenues leading to higher profitability ratios.