Church & Dwight Company Inc (CHD)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 755,600 | 413,900 | 827,500 | 785,900 | 615,900 |
| Revenue | US$ in thousands | 5,867,900 | 5,375,600 | 5,190,100 | 4,895,800 | 4,357,700 |
| Net profit margin | 12.88% | 7.70% | 15.94% | 16.05% | 14.13% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $755,600K ÷ $5,867,900K
= 12.88%
The net profit margin of Church & Dwight Co., Inc. has shown fluctuations over the past five years. In 2023, the net profit margin was 12.88%, indicating that the company retained $0.1288 in profit for every dollar of revenue generated. This represents an increase from 7.70% in 2022 but is lower compared to the higher levels observed in 2021 (15.94%), 2020 (16.05%), and 2019 (14.13%).
The variability in the net profit margin suggests changes in the company's ability to control costs, manage expenses, and generate profits relative to its revenue. The decrease in 2022 followed by the recovery in 2023 may indicate fluctuations in revenue growth, cost management, or changes in the company's overall profitability.
Further analysis could include examining the factors contributing to the fluctuations in the net profit margin over the years, such as changes in revenue, cost of goods sold, operating expenses, or any one-time events impacting the company's financial performance.
Peer comparison
Dec 31, 2023