AptarGroup Inc (ATR)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 374,541 | 284,487 | 239,288 | 244,097 | 214,040 |
Revenue | US$ in thousands | 3,582,890 | 3,487,450 | 3,322,250 | 3,227,220 | 2,929,340 |
Net profit margin | 10.45% | 8.16% | 7.20% | 7.56% | 7.31% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $374,541K ÷ $3,582,890K
= 10.45%
The net profit margin of AptarGroup Inc has shown a fluctuating trend over the past five years. Starting at 7.31% on December 31, 2020, it increased slightly to 7.56% by December 31, 2021. However, it dipped to 7.20% by December 31, 2022 before rebounding to 8.16% by December 31, 2023. The most significant improvement was seen by the end of December 31, 2024, where the net profit margin surged to 10.45%.
This improvement in the net profit margin indicates that AptarGroup Inc has been able to effectively manage its expenses relative to its revenue. A rising profit margin suggests that the company is becoming more efficient in its operations and generating higher profits from its core business activities. It may also imply that the company is able to effectively control costs and pricing, resulting in improved profitability. However, further analysis of the underlying factors driving this increase in net profit margin would provide a more comprehensive understanding of the company's financial performance.
Peer comparison
Dec 31, 2024