Dana Inc (DAN)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 38,000 | -242,000 | 197,000 | -31,000 | 226,000 |
| Revenue | US$ in thousands | 10,387,000 | 10,032,000 | 8,787,000 | 6,968,000 | 8,478,000 |
| Net profit margin | 0.37% | -2.41% | 2.24% | -0.44% | 2.67% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $38,000K ÷ $10,387,000K
= 0.37%
Net profit margin measures the profitability of a company by indicating how much of each dollar of revenue translates into net income after accounting for all expenses. Dana Inc's net profit margin has varied over the past five years, showing a mix of positive and negative values.
In 2023, the net profit margin improved significantly to 0.36%, rebounding from a negative figure in 2022 (-2.38%). This indicates that the company was able to better control its expenses and generate more profit relative to its revenue.
The positive net profit margin in 2021 (2.20%) suggests the company was efficient in managing its costs and maximizing its profitability. However, in 2020 and 2019, Dana Inc experienced negative net profit margins, indicating that the company struggled to generate profit relative to its total revenue in those years.
Overall, Dana Inc's net profit margin trend indicates fluctuations in profitability over the years, highlighting the importance of effective cost management and revenue generation strategies to sustain consistent profitability in the future.
Peer comparison
Dec 31, 2023