Crown Holdings Inc (CCK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 424,000 | 450,000 | 727,000 | -560,000 | 579,000 |
| Revenue | US$ in thousands | 12,041,000 | 11,532,000 | 12,632,000 | 11,118,000 | 11,274,000 |
| Net profit margin | 3.52% | 3.90% | 5.76% | -5.04% | 5.14% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $424,000K ÷ $12,041,000K
= 3.52%
Net profit margin is a key indicator of a company's profitability and efficiency in generating profits from its total revenue. In the case of Crown Holdings Inc, the net profit margin has exhibited a fluctuating trend over the past five years.
As of December 31, 2020, the net profit margin stood at 5.14%, indicating that the company was able to retain approximately 5.14% of its total revenue as profit after accounting for all expenses. However, this metric took a negative turn by December 31, 2021, reaching -5.04%, suggesting that the company experienced a loss equivalent to 5.04% of its revenue during that period.
Subsequently, the net profit margin recovered significantly by December 31, 2022, climbing to 5.76%, reflecting improved profitability and efficiency in cost management. However, there was a slight drop in profitability by December 31, 2023, as the net profit margin decreased to 3.90%, indicating that the company retained 3.90% of its revenue as profit.
By the end of December 31, 2024, the net profit margin further declined to 3.52%, signaling a decrease in profitability compared to the previous year. This trend may prompt further analysis to identify the factors contributing to the diminishing profit margins and assess the company's financial health and operational performance.
Peer comparison
Dec 31, 2024