Crane Company (CR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 294,700 | 255,900 | 401,100 | 435,400 | 181,000 |
| Revenue | US$ in thousands | 2,131,200 | 2,086,400 | 3,374,900 | 3,180,000 | 2,936,900 |
| Net profit margin | 13.83% | 12.27% | 11.88% | 13.69% | 6.16% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $294,700K ÷ $2,131,200K
= 13.83%
Net profit margin is an important financial metric that indicates the percentage of revenue that transforms into net income after accounting for all expenses. Analyzing the data provided for Crane Company's net profit margin reveals a positive trend over the years.
In 2020, the net profit margin stood at 6.16%, indicating that for every dollar of revenue generated, the company retained $0.0616 as net income. The subsequent years show a consistent improvement in performance, with the net profit margin increasing to 13.69% in 2021, 11.88% in 2022, 12.27% in 2023, and reaching the highest point at 13.83% in 2024.
This upward trend signals that Crane Company has been effectively managing its expenses and improving operational efficiency to enhance profitability. The company's ability to generate higher net profit margins over time reflects positively on its financial health and strategic decision-making.
Peer comparison
Dec 31, 2024