Cinemark Holdings Inc (CNK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 309,700 | 188,200 | -271,200 | -422,800 | -616,800 |
| Revenue | US$ in thousands | 3,056,400 | 3,234,700 | 2,299,400 | 1,352,960 | 551,574 |
| Net profit margin | 10.13% | 5.82% | -11.79% | -31.25% | -111.83% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $309,700K ÷ $3,056,400K
= 10.13%
Cinemark Holdings Inc's net profit margin has shown a notable improvement over the past years. The company reported negative net profit margins of -111.83% as of December 31, 2020, which improved to -31.25% in 2021 and further progressed to -11.79% in 2022. Subsequently, there was a turning point for the company as it achieved a positive net profit margin of 5.82% in 2023, indicating a significant recovery. As of December 31, 2024, Cinemark's net profit margin further increased to 10.13%, suggesting an enhanced profitability and efficiency in managing costs compared to the previous years. This positive trend reflects an improvement in the company's ability to generate profits relative to its revenue, signifying a positive outlook for its financial performance.