HF Sinclair Corp (DINO)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,589,666 | 2,238,876 | 2,402,359 | 3,115,958 | 2,922,666 |
| Revenue (ttm) | US$ in thousands | 31,780,330 | 32,993,160 | 34,745,460 | 38,104,440 | 38,041,410 |
| Net profit margin | 5.00% | 6.79% | 6.91% | 8.18% | 7.68% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,589,666K ÷ $31,780,330K
= 5.00%
The net profit margin of HF Sinclair Corp. in Q4 2023 was 4.93%, a slight decrease from the previous quarter. However, it is important to highlight that the company has shown consistent profitability over the past eight quarters, with margins ranging from 2.52% to 8.05%. This indicates effective cost management and revenue generation strategies. Despite the fluctuation in margins, the company has generally maintained a healthy level of profitability, which demonstrates its ability to efficiently convert revenue into net profit. Overall, the trend of the net profit margin for HF Sinclair Corp. suggests that the company's performance in terms of profitability has been relatively stable and positive over the past two years.