Crown Holdings Inc (CCK)
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 | 450,000 | 507,000 | 475,000 | 613,000 | 727,000 | -363,000 | -388,000 | -555,000 | -560,000 | 592,000 | 704,000 | 702,000 | 579,000 | 515,000 | 484,000 | 495,000 | 510,000 | 476,000 | 457,000 | 452,000 |
| Revenue (ttm) | US$ in thousands | 11,532,000 | 11,716,000 | 11,928,000 | 12,382,000 | 12,632,000 | 12,492,000 | 12,255,000 | 11,672,000 | 11,632,000 | 11,816,000 | 11,385,000 | 10,666,000 | 10,345,000 | 10,174,000 | 10,769,000 | 11,667,000 | 11,665,000 | 11,608,000 | 11,698,000 | 11,709,000 |
| Net profit margin | 3.90% | 4.33% | 3.98% | 4.95% | 5.76% | -2.91% | -3.17% | -4.75% | -4.81% | 5.01% | 6.18% | 6.58% | 5.60% | 5.06% | 4.49% | 4.24% | 4.37% | 4.10% | 3.91% | 3.86% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $450,000K ÷ $11,532,000K
= 3.90%
The net profit margin of Crown Holdings, Inc. has shown fluctuations over the past eight quarters, ranging from a low of -4.84% in Q1 2022 to a high of 5.62% in Q4 2022. The net profit margin represents the percentage of each dollar of revenue that turns into profit after all expenses are deducted. In general, a higher net profit margin indicates better profitability and efficiency in managing costs.
From the data provided, there is a noticeable improvement in the net profit margin in the recent quarters of 2023 compared to the negative margins recorded in the first half of 2022. However, the margins have been somewhat volatile, with fluctuations in the range of 3.75% to 4.81% in 2023. It is essential for investors and stakeholders to closely monitor these fluctuations and assess the company's ability to sustain and improve its profitability over time.
Peer comparison
Dec 31, 2023