AptarGroup Inc (ATR)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands 284,487 239,288 244,097 214,040 242,202
Revenue US$ in thousands 3,487,450 3,322,250 3,227,220 2,929,340 2,859,730
Net profit margin 8.16% 7.20% 7.56% 7.31% 8.47%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $284,487K ÷ $3,487,450K
= 8.16%

The net profit margin of Aptargroup Inc. has shown some fluctuations over the past five years. In 2023, the net profit margin increased to 8.16% from 7.20% in 2022, indicating improved profitability. However, this margin was slightly lower compared to 2019 when it stood at 8.47%. Despite some variability, the company has generally maintained a healthy level of profitability over the period under review. It is essential for Aptargroup to continue monitoring and managing its costs efficiently to sustain and potentially enhance its profitability levels in the future.


Peer comparison

Dec 31, 2023