Chemours Co (CC)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 86,000 | -238,000 | 578,000 | 608,000 | 219,000 |
Revenue | US$ in thousands | 5,782,000 | 6,027,000 | 6,794,000 | 6,345,000 | 4,969,000 |
Net profit margin | 1.49% | -3.95% | 8.51% | 9.58% | 4.41% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $86,000K ÷ $5,782,000K
= 1.49%
The net profit margin of Chemours Co has displayed fluctuations over the years based on the provided data. As of December 31, 2020, the net profit margin stood at 4.41%, indicating that for every dollar of revenue generated, the company retained $0.0441 as profit after accounting for all costs and expenses.
In the subsequent year, the net profit margin increased significantly to 9.58% by December 31, 2021, demonstrating improved profitability and efficiency in managing expenses relative to revenue. The company sustained this positive trend in 2022, with a net profit margin of 8.51%, although slightly lower than the previous year.
However, there was a notable decline in profitability by December 31, 2023, as the net profit margin turned negative at -3.95%. This suggests that expenses exceeded revenue during that period, leading to a net loss for the company.
By the end of December 31, 2024, the net profit margin recovered to 1.49%, indicating a return to profitability but at a lower level compared to previous years. Overall, the fluctuating net profit margin of Chemours Co reflects varying levels of operational efficiency and financial performance across the years, highlighting the importance of consistent monitoring and management of costs and revenues to ensure sustainable profitability.
Peer comparison
Dec 31, 2024