Emerson Electric Company (EMR)
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 | 11,030,000 | 13,219,000 | 13,215,000 | 4,784,000 | 4,666,000 | 3,231,000 | 3,161,000 | 2,867,000 | 2,754,000 | 2,303,000 | 2,356,000 | 2,128,000 | 2,084,000 | 1,965,000 | 1,959,000 | 2,164,000 | 2,167,000 | 2,306,000 | 2,206,000 | 2,314,000 |
| Revenue (ttm) | US$ in thousands | 15,827,000 | 15,124,000 | 16,394,000 | 17,488,000 | 18,549,000 | 19,642,000 | 19,229,000 | 18,908,000 | 18,579,000 | 18,267,000 | 17,878,000 | 17,095,000 | 16,795,000 | 16,785,000 | 17,198,000 | 17,968,000 | 18,376,000 | 18,372,000 | 18,289,000 | 18,061,000 |
| Net profit margin | 69.69% | 87.40% | 80.61% | 27.36% | 25.15% | 16.45% | 16.44% | 15.16% | 14.82% | 12.61% | 13.18% | 12.45% | 12.41% | 11.71% | 11.39% | 12.04% | 11.79% | 12.55% | 12.06% | 12.81% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $11,030,000K ÷ $15,827,000K
= 69.69%
The net profit margin of Emerson Electric Co. has experienced fluctuations over the past eight quarters, ranging from a high of 87.13% in Q4 2023 to a low of 15.16% in Q2 2022. The net profit margin represents the percentage of revenue that translates into profits after deducting all expenses. A higher net profit margin indicates efficient cost management and a strong ability to generate profits from sales.
In the latest quarter, Q1 2024, the net profit margin stood at a healthy 69.29%, indicating a significant portion of revenue converting into profits. However, it is important to note the sharp decline from the previous quarter's net profit margin of 87.13%. This downturn could be a result of various factors such as increased expenses, changes in revenue, or other operational challenges.
The variation in net profit margin over the quarters suggests fluctuations in the company's profitability and efficiency in managing costs. Investors and stakeholders should closely monitor these changes to understand the company's financial performance and its ability to generate sustainable profits in the long term.
Peer comparison
Dec 31, 2023