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.
Peer comparison
Dec 31, 2023