Carter’s Inc (CRI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 185,509 | 232,500 | 250,038 | 339,748 | 109,717 |
| Revenue | US$ in thousands | 2,843,720 | 2,911,830 | 3,150,090 | 3,425,780 | 2,967,910 |
| Net profit margin | 6.52% | 7.98% | 7.94% | 9.92% | 3.70% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $185,509K ÷ $2,843,720K
= 6.52%
Net profit margin is a key financial ratio that reflects the percentage of each dollar of revenue that translates into profit after all expenses are deducted. Analyzing Carter’s Inc net profit margin data from 2020 to 2024, we observe fluctuations in the company's profitability.
In 2020, Carter’s Inc had a net profit margin of 3.70%, indicating that for every dollar of revenue, the company retained $0.037 as profit. The net profit margin then significantly improved in 2021 to 9.92%, signaling more efficient cost management or increased revenue generation.
However, in 2022, there was a slight decrease in the net profit margin to 7.94%, followed by a marginal increase to 7.98% in 2023. This stability suggests the company maintained its profitability levels despite economic fluctuations or internal changes.
By the end of 2024, Carter’s Inc experienced a decline in the net profit margin to 6.52%, potentially indicating challenges in controlling costs or lower revenue generation relative to expenses.
Overall, analyzing Carter’s Inc net profit margin data over the years provides insight into the company's profitability trends and efficiency in managing costs to generate profits.
Peer comparison
Dec 31, 2024