Compass Minerals International Inc (CMP)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	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	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
Net income (ttm)	US$ in thousands	-169,200	-89,200	-62,800	12,000	7,000	-37,300	-27,800	-25,100	39,500	-167,000	-126,800	-124,900	-185,300	63,100	91,100	97,400	88,900	62,500	57,400	59,600
Revenue (ttm)	US$ in thousands	1,092,700	1,095,400	1,143,100	1,155,100	1,182,300	1,183,600	1,218,100	1,200,100	1,140,300	1,364,300	1,241,900	1,185,100	1,235,700	1,213,500	1,404,600	1,467,000	1,461,500	1,439,800	1,426,000	1,409,000
Net profit margin		-15.48%	-8.14%	-5.49%	1.04%	0.59%	-3.15%	-2.28%	-2.09%	3.46%	-12.24%	-10.21%	-10.54%	-15.00%	5.20%	6.49%	6.64%	6.08%	4.34%	4.03%	4.23%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-169,200K ÷ $1,092,700K
= -15.48%

The net profit margin of Compass Minerals International Inc has shown fluctuations over the past few quarters. The company experienced negative net profit margins in recent quarters, with the margin ranging from -15.48% to -2.09%. This indicates that for each dollar of revenue generated, the company's profit after all expenses and taxes incurred was negative or relatively low during these periods.

However, there have been some positive net profit margins reported as well, ranging from 0.59% to 6.64%. This suggests that in certain quarters, the company was able to generate profit after expenses and taxes, albeit at varying levels.

Overall, the net profit margin trend for Compass Minerals International Inc appears to be inconsistent, reflecting challenges in maintaining profitability across different quarters. It would be important for the company to focus on improving operational efficiencies and cost management to achieve more consistent and sustainable profit margins in the future.