Compass Minerals International Inc (CMP)
Net profit margin
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -85,700 | -59,300 | 15,500 | 10,500 | -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 | 63,800 |
| Revenue (ttm) | US$ in thousands | 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 | 1,659,100 |
| Net profit margin | -7.82% | -5.19% | 1.34% | 0.89% | -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% | 3.85% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-85,700K ÷ $1,095,400K
= -7.82%
The net profit margin of Compass Minerals International Inc has exhibited fluctuations over the recent quarters. The margin was negative in the first two quarters of 2024, indicating that the company's expenses exceeded its revenues during that period. The margin improved to 1.34% in the third quarter of 2023, signifying that the company earned $1.34 on every $100 of revenue generated.
However, looking back at the previous quarters, we see a mix of negative and positive margins. The company experienced varying degrees of profitability, with both positive and negative margins. The highest margin in recent quarters was observed in the second quarter of 2021 at 6.64%, while the lowest margin was recorded in the first quarter of 2021 at -15.00%.
Overall, it is essential for Compass Minerals International Inc to closely monitor and manage its expenses and revenues to sustain and improve its net profit margin in the future. Periodic analysis and strategic decision-making can help the company enhance its profitability and financial performance.
Peer comparison
Mar 31, 2024