Cabot Corporation (CBT)
Net profit margin
Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 445,000 | 209,000 | 250,000 | -238,000 | 157,000 |
Revenue | US$ in thousands | 3,931,000 | 4,321,000 | 3,409,000 | 2,614,000 | 3,337,000 |
Net profit margin | 11.32% | 4.84% | 7.33% | -9.10% | 4.70% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $445,000K ÷ $3,931,000K
= 11.32%
The net profit margin of Cabot Corp. has exhibited significant fluctuations over the past five years. The margin increased from -9.10% in 2020 to 11.12% in 2023, indicating a remarkable recovery and improved profitability. This suggests that the company's ability to control costs and generate profits has substantially strengthened. However, the margin experienced fluctuations in the intervening years, with a 4.77% margin in 2022 and a 7.25% margin in 2021. The variability in the net profit margin may be indicative of shifts in the company's cost structure, revenue generation, or operational efficiency. Further analysis of the underlying factors influencing these fluctuations would be valuable in understanding the dynamics of Cabot Corp.'s financial performance.
Peer comparison
Sep 30, 2023