Dana Inc (DAN)
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 | 38,000 | -102,000 | -209,000 | -231,000 | -242,000 | -38,000 | 98,000 | 143,000 | 197,000 | 212,000 | 209,000 | -18,000 | -31,000 | 14,000 | 80,000 | 186,000 | 226,000 | 241,000 | 225,000 | 417,000 |
| Revenue (ttm) | US$ in thousands | 10,387,000 | 10,468,000 | 10,344,000 | 10,194,000 | 10,032,000 | 9,746,000 | 9,417,000 | 9,009,000 | 8,787,000 | 8,656,000 | 8,436,000 | 7,337,000 | 7,009,000 | 6,882,000 | 7,060,000 | 8,285,000 | 8,508,000 | 8,503,000 | 8,322,000 | 8,081,000 |
| Net profit margin | 0.37% | -0.97% | -2.02% | -2.27% | -2.41% | -0.39% | 1.04% | 1.59% | 2.24% | 2.45% | 2.48% | -0.25% | -0.44% | 0.20% | 1.13% | 2.25% | 2.66% | 2.83% | 2.70% | 5.16% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $38,000K ÷ $10,387,000K
= 0.37%
Dana Inc's net profit margin has shown fluctuating trend over the past eight quarters. In Q4 2023, the net profit margin stood at 0.36%, indicating that the company generated a profit of 0.36 cents for every dollar of revenue. This represents an improvement compared to the negative net profit margins reported in the previous three quarters, with Q3 2023 showing a significant decline to -0.96%.
Looking back further, Dana Inc experienced positive net profit margins in Q3 and Q2 of 2022, at 1.03% and 1.56% respectively. However, the performance weakened in the latter part of 2022 and continued into 2023, with Q1 2023 recording the lowest net profit margin at -2.24%.
The fluctuations in net profit margin suggest potential challenges in managing costs and expenses relative to revenue generation. Dana Inc may need to focus on improving operational efficiency, controlling expenses, and enhancing revenue generation to sustain profitability and ensure long-term financial stability.
Peer comparison
Dec 31, 2023