Catalent Inc (CTLT)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	-1,043,000	-1,176,000	-1,302,000	-1,016,000	-257,000	21,000	389,000	406,000	499,000	513,000	604,000	595,000	584,000	556,200	345,100	302,600	220,700	137,600	148,400	151,900
Revenue (ttm)	US$ in thousands	4,381,000	4,135,000	4,098,000	4,223,000	4,263,000	4,495,000	4,731,000	4,799,000	4,802,000	4,703,000	4,483,000	4,177,000	3,998,000	5,904,000	5,611,600	5,422,000	5,240,700	2,872,400	2,729,300	2,630,900
Net profit margin		-23.81%	-28.44%	-31.77%	-24.06%	-6.03%	0.47%	8.22%	8.46%	10.39%	10.91%	13.47%	14.24%	14.61%	9.42%	6.15%	5.58%	4.21%	4.79%	5.44%	5.77%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,043,000K ÷ $4,381,000K
= -23.81%

The net profit margin of Catalent Inc has been fluctuating over the past few quarters. It started at a relatively high level in December 2019 at 5.44%, then increased steadily to 14.24% by September 2021. However, from December 2021 onwards, there has been a decline in the net profit margin, reaching a low of -31.77% by December 2023.

The negative net profit margins in recent quarters indicate that the company's expenses have exceeded its revenues, resulting in losses. This trend is concerning as it suggests a potential profitability challenge for Catalent Inc. Management may need to closely monitor costs, improve operational efficiency, or explore revenue-generating opportunities to reverse this trend and improve profitability in the future.