Dow Inc (DOW)

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
Net income (ttm)	US$ in thousands	589,000	1,307,000	1,744,000	2,920,000	4,582,000	5,705,000	6,649,000	6,889,000	6,311,000	5,829,000	4,121,000	1,995,000	1,243,000	-2,321,000	-1,963,000	-1,663,000	-1,346,000
Revenue (ttm)	US$ in thousands	44,622,000	45,860,000	49,245,000	53,489,000	56,902,000	59,407,000	60,129,000	58,350,000	54,968,000	51,310,000	46,185,000	40,654,000	38,542,000	38,040,000	39,092,000	41,752,000	42,951,000
Net profit margin		1.32%	2.85%	3.54%	5.46%	8.05%	9.60%	11.06%	11.81%	11.48%	11.36%	8.92%	4.91%	3.23%	-6.10%	-5.02%	-3.98%	-3.13%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $589,000K ÷ $44,622,000K
= 1.32%

The net profit margin of Dow Inc has exhibited a declining trend from 11.81% in March 2022 to 1.32% in December 2023. This indicates that the company's profitability relative to its revenue has weakened over the period. The declining trend may raise concerns about the company's cost management, pricing strategies, or efficiency in generating profits. It would be important for Dow Inc to closely examine the factors contributing to this trend and implement measures to improve its profit margins in order to maintain financial stability and sustainability.