Columbia Sportswear Company (COLM)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 251,400 | 311,440 | 354,108 | 108,013 | 330,489 |
| Revenue | US$ in thousands | 3,508,870 | 3,486,170 | 3,144,770 | 2,501,550 | 3,042,480 |
| Net profit margin | 7.16% | 8.93% | 11.26% | 4.32% | 10.86% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $251,400K ÷ $3,508,870K
= 7.16%
Columbia Sportswear Co.'s net profit margin has shown fluctuation over the past five years. The company's net profit margin decreased from 10.86% in 2019 to 4.32% in 2020, reflecting a significant decline in profitability. However, there was a notable recovery in 2021 with the net profit margin improving to 11.33%. Subsequently, the net profit margin decreased to 8.99% in 2022 and further dropped to 7.21% in 2023.
The declining trend in net profit margin from 2021 to 2023 indicates challenges in effectively controlling costs and expenses relative to revenue generation. It is imperative for Columbia Sportswear Co. to focus on strategic cost management and enhancing operational efficiency to improve profitability moving forward. Investors and stakeholders may closely monitor future financial performance to assess the company's ability to sustain and increase profitability in the competitive sportswear industry.
Peer comparison
Dec 31, 2023