Avantor Inc (AVTR)

Net profit margin

		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	360,200	260,000	321,100	364,300	422,900	617,600	686,500	638,800	628,600	599,000	572,600	530,200	331,200	233,600	116,600	135,600	199,900	91,000
Revenue (ttm)	US$ in thousands	6,825,600	6,866,700	6,967,200	7,039,400	7,175,700	7,342,300	7,512,400	7,625,000	7,602,800	7,550,900	7,386,100	7,269,400	7,040,100	6,660,200	6,393,600	6,126,700	6,025,500	6,079,200
Net profit margin		5.28%	3.79%	4.61%	5.18%	5.89%	8.41%	9.14%	8.38%	8.27%	7.93%	7.75%	7.29%	4.70%	3.51%	1.82%	2.21%	3.32%	1.50%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $360,200K ÷ $6,825,600K
= 5.28%

The net profit margin of Avantor Inc has exhibited fluctuations over the past few quarters. The trend shows that the company's profitability, as measured by the net profit margin, has varied between 1.82% to 9.14% during the period from March 31, 2020, to June 30, 2024.

In the most recent quarter ended June 30, 2024, the net profit margin was 5.28%, which indicates that the company retained 5.28 cents of every dollar of revenue as profit after accounting for all expenses. This figure was an increase from the previous quarter but lower than the peak seen in Q2 2023.

The highest net profit margin of 9.14% was recorded in the quarter ended March 31, 2023, suggesting the company was more efficient in managing costs and generating profits during that period. However, the margin has since seen some fluctuations, with occasional declines and recoveries in subsequent quarters.

It is important for Avantor Inc to continue monitoring and managing its expenses effectively to sustain or increase its net profit margin in the future. Fluctuations in the net profit margin may indicate variations in business performance, cost structures, or revenue generation strategies, which need to be carefully analyzed and addressed by the company's management.