Chemours Co (CC)
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 | -237,000 | -316,000 | -88,000 | 489,000 | 578,000 | 908,000 | 882,000 | 747,000 | 609,000 | 395,000 | 257,000 | 215,000 | 219,000 | -117,000 | -117,000 | -45,000 | -51,000 | 408,000 | 607,000 | 792,000 |
| Revenue (ttm) | US$ in thousands | 5,881,000 | 5,818,000 | 6,130,000 | 6,410,000 | 6,639,000 | 6,872,000 | 6,744,000 | 6,477,000 | 6,141,000 | 5,876,000 | 5,441,000 | 4,873,000 | 4,737,000 | 4,824,000 | 4,981,000 | 5,297,000 | 5,371,000 | 5,668,000 | 5,912,000 | 6,286,000 |
| Net profit margin | -4.03% | -5.43% | -1.44% | 7.63% | 8.71% | 13.21% | 13.08% | 11.53% | 9.92% | 6.72% | 4.72% | 4.41% | 4.62% | -2.43% | -2.35% | -0.85% | -0.95% | 7.20% | 10.27% | 12.60% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-237,000K ÷ $5,881,000K
= -4.03%
The net profit margin of Chemours Co has exhibited fluctuating trends over the past five years. In the most recent quarter, the net profit margin was negative at -4.03%, indicating that the company experienced a loss relative to its revenue. This follows a declining trend from the previous quarter at -5.43%.
Historically, the company's net profit margin has shown variability, with occasional periods of positive margins above 10%, such as in the quarters ending in March and June 2022, and December 2019. These periods may suggest strong profitability and efficient cost management.
However, there have also been instances of negative net profit margins, indicating that the company faced challenges in generating profits relative to its revenue, as seen in the quarters ending in September and December 2020, and March and September 2021.
Overall, the trend in net profit margin for Chemours Co demonstrates the importance of closely monitoring and analyzing the company's financial performance to assess its profitability and operational efficiency.
Peer comparison
Dec 31, 2023