Cabot Corporation (CBT)
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 | 441,000 | 445,000 | 305,000 | 320,000 | 352,000 | 209,000 | 144,000 | 133,000 | 101,000 | 250,000 | -51,000 | -143,000 | -219,000 | -238,000 | 67,000 | 105,000 | 129,000 | 157,000 | 218,000 | 274,000 |
| Revenue (ttm) | US$ in thousands | 3,924,000 | 3,931,000 | 4,078,000 | 4,259,000 | 4,318,000 | 4,321,000 | 4,113,000 | 3,881,000 | 3,631,000 | 3,409,000 | 3,164,000 | 2,765,000 | 2,633,000 | 2,614,000 | 2,782,000 | 3,109,000 | 3,243,000 | 3,337,000 | 3,360,000 | 3,369,000 |
| Net profit margin | 11.24% | 11.32% | 7.48% | 7.51% | 8.15% | 4.84% | 3.50% | 3.43% | 2.78% | 7.33% | -1.61% | -5.17% | -8.32% | -9.10% | 2.41% | 3.38% | 3.98% | 4.70% | 6.49% | 8.13% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $441,000K ÷ $3,924,000K
= 11.24%
Net profit margin reflects the profitability of Cabot Corp. by measuring the percentage of each dollar of revenue that translates into profit after all expenses have been deducted.
From the data provided, we can observe fluctuations in the net profit margin over the quarters. In Q1 2024 and Q4 2023, the net profit margins were relatively stable at around 11%, indicating solid profitability during those periods. This may suggest efficient cost management and revenue generation strategies.
The lower net profit margins in Q3 and Q2 2023, at 7.38% and 7.42% respectively, and in previous quarters, indicate that the company had faced challenges in maintaining profitability. Factors such as higher expenses or lower revenue could have contributed to the reduced profitability during those periods.
The substantial improvement in net profit margin from Q4 2022 to Q1 2023, from 4.77% to 8.06%, may indicate successful operational improvements or cost-cutting measures implemented by the company during that period.
Overall, analyzing the trend in net profit margin can provide insights into Cabot Corp.'s ability to generate profits relative to its revenue and its efficiency in managing costs across different quarters.
Peer comparison
Dec 31, 2023