Curtiss-Wright Corporation (CW)
Net profit margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 354,509 | 343,646 | 320,636 | 310,509 | 294,348 | 261,904 | 257,839 | 248,375 | 267,159 | 244,573 | 239,490 | 209,100 | 201,392 | 236,807 | 254,697 | 303,751 | 307,583 | 301,010 | 292,983 | 287,699 |
| Revenue (ttm) | US$ in thousands | 3,458,362 | 3,374,952 | 3,281,168 | 3,186,129 | 3,114,730 | 3,042,690 | 3,032,767 | 3,044,905 | 3,082,503 | 2,507,617 | 2,458,612 | 2,387,164 | 2,391,336 | 2,378,663 | 2,421,929 | 2,510,878 | 2,487,961 | 2,480,812 | 2,461,325 | 2,442,627 |
| Net profit margin | 10.25% | 10.18% | 9.77% | 9.75% | 9.45% | 8.61% | 8.50% | 8.16% | 8.67% | 9.75% | 9.74% | 8.76% | 8.42% | 9.96% | 10.52% | 12.10% | 12.36% | 12.13% | 11.90% | 11.78% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $354,509K ÷ $3,458,362K
= 10.25%
Curtiss-Wright Corp.'s net profit margin has shown a positive trend over the past eight quarters. The company's net profit margin has been consistently improving, increasing from 10.06% in Q1 2022 to 12.46% in Q4 2023. This indicates that Curtiss-Wright Corp. has been effectively managing its expenses relative to its revenue, resulting in higher profitability.
The steadily increasing net profit margin signifies that the company has been successful in controlling its costs and maximizing its efficiency in generating profit from its operations. This trend is a positive indicator of Curtiss-Wright Corp.'s financial health and operational performance. It suggests that the company has been able to generate more profit for each dollar of sales, which may be attributed to various factors such as cost-saving initiatives, revenue growth, or improved operational efficiency.
Overall, the consistent improvement in Curtiss-Wright Corp.'s net profit margin reflects positively on the company's financial sustainability and management effectiveness in driving profitability.
Peer comparison
Dec 31, 2023