Carter’s Inc (CRI)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	232,500	250,038	339,748	109,717	263,802
Revenue	US$ in thousands	2,911,830	3,150,090	3,425,780	2,967,910	3,519,290
Net profit margin		7.98%	7.94%	9.92%	3.70%	7.50%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $232,500K ÷ $2,911,830K
= 7.98%

Carter’s Inc has shown varying levels of net profit margin over the past five years. In 2023, the net profit margin stood at 7.98%, a slight increase from the previous year's 7.94%. However, this was lower compared to the 9.92% recorded in 2021. The significant dip in 2020, with a net profit margin of 3.70%, was followed by a recovery to 7.50% in 2019. The fluctuation in net profit margin indicates changes in the company's profitability and efficiency in generating profits relative to its revenue.