AptarGroup Inc (ATR)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	284,487	281,128	251,076	231,629	239,288	237,901	230,917	222,568	244,097	239,720	256,176	242,739	214,040	209,346	202,380	234,456	242,207	234,344	216,590	198,450
Revenue (ttm)	US$ in thousands	3,487,450	3,444,884	3,388,747	3,337,384	3,322,249	3,340,328	3,328,910	3,295,399	3,227,221	3,162,557	3,096,268	2,984,541	2,929,340	2,851,344	2,793,469	2,836,825	2,859,732	2,873,427	2,837,924	2,805,871
Net profit margin		8.16%	8.16%	7.41%	6.94%	7.20%	7.12%	6.94%	6.75%	7.56%	7.58%	8.27%	8.13%	7.31%	7.34%	7.24%	8.26%	8.47%	8.16%	7.63%	7.07%

December 31, 2023 calculation

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

Aptargroup Inc.'s net profit margin has shown a generally positive trend over the past eight quarters. The company's net profit margin has ranged from 6.75% to 8.16% during this period. The gradual increase in net profit margin from Q1 2022 (6.75%) to Q4 2023 (8.16%) indicates an improvement in the company's profitability ratio.

The consistency in maintaining a net profit margin above 7% in most quarters demonstrates the company's ability to effectively manage costs and generate profit from its operations. The slight fluctuations seen in certain quarters, such as the decrease from Q4 2022 (7.20%) to Q1 2023 (6.94%), may be attributed to various factors impacting the company's revenue and expenses.

Overall, Aptargroup Inc.'s net profit margin performance reflects a stable and healthy financial position, with a positive trend towards improving profitability over the quarters analyzed. This suggests that the company has been successful in managing its expenses relative to its revenue, resulting in a solid bottom line performance.