Eastman Chemical Company (EMN)

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	894,000	585,000	708,000	692,000	793,000	1,170,000	1,220,000	818,000	857,000	511,000	321,000	494,000	478,000	472,000	577,000	808,000	759,000	767,000	913,000	999,000
Revenue (ttm)	US$ in thousands	9,210,000	9,376,000	9,818,000	10,278,000	10,580,000	10,901,000	10,912,000	10,781,000	10,476,000	9,968,000	9,370,000	8,641,000	8,473,000	8,492,000	8,695,000	9,134,000	9,273,000	9,444,000	9,666,000	9,924,000
Net profit margin		9.71%	6.24%	7.21%	6.73%	7.50%	10.73%	11.18%	7.59%	8.18%	5.13%	3.43%	5.72%	5.64%	5.56%	6.64%	8.85%	8.19%	8.12%	9.45%	10.07%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $894,000K ÷ $9,210,000K
= 9.71%

The net profit margin of Eastman Chemical Co has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 9.71%, marking an increase from the previous quarter's 6.24% and a decrease from Q3 2023's 7.21%. This suggests some variability in the company's profitability during the most recent quarter.

Comparing the current net profit margin with the same period in the previous year, Q4 2022's net profit margin was 7.50%, indicating an improvement in profitability year-over-year.

Looking at the trend over the past eight quarters, the net profit margin has ranged from 6.24% to 11.18%, showing fluctuations in profitability levels. It is important for investors and stakeholders to monitor this metric closely to assess the company's ability to generate profits from its operations.