Axalta Coating Systems Ltd (AXTA)
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 | 267,400 | 237,900 | 227,400 | 210,600 | 191,600 | 201,200 | 207,900 | 290,200 | 263,900 | 280,400 | 293,800 | 84,600 | 121,600 | 93,600 | 76,600 | 257,800 | 249,000 | 282,700 | 204,100 | 180,600 |
| Revenue (ttm) | US$ in thousands | 5,184,100 | 5,123,500 | 5,053,200 | 4,994,200 | 4,884,400 | 4,784,900 | 4,634,800 | 4,526,700 | 4,416,200 | 4,353,500 | 4,291,800 | 3,817,700 | 3,737,600 | 3,761,500 | 3,841,600 | 4,346,400 | 4,482,200 | 4,549,600 | 4,588,600 | 4,643,300 |
| Net profit margin | 5.16% | 4.64% | 4.50% | 4.22% | 3.92% | 4.20% | 4.49% | 6.41% | 5.98% | 6.44% | 6.85% | 2.22% | 3.25% | 2.49% | 1.99% | 5.93% | 5.56% | 6.21% | 4.45% | 3.89% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $267,400K ÷ $5,184,100K
= 5.16%
The net profit margin of Axalta Coating Systems Ltd has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 5.16%, which was higher compared to the previous quarter at 4.64% in Q3 2023. However, it is important to note that the net profit margin in Q4 2023 has been gradually increasing since the same period in the previous year, where it was at 3.92%.
Overall, Axalta Coating Systems Ltd has maintained a positive net profit margin, indicating that the company is effectively managing its expenses in relation to its revenue. The fluctuations in the net profit margin over the quarters may be influenced by various factors such as changes in revenue, costs, or one-time expenses impacting profitability.
It is essential for stakeholders to monitor the trend of the net profit margin over time to assess the company's financial health and profitability sustainability.
Peer comparison
Dec 31, 2023