ESAB Corp (ESAB)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 264,842 | 203,730 | 223,747 | 235,110 | 157,414 |
| Revenue | US$ in thousands | 2,740,800 | 2,774,770 | 2,593,480 | 2,428,120 | 1,950,070 |
| Net profit margin | 9.66% | 7.34% | 8.63% | 9.68% | 8.07% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $264,842K ÷ $2,740,800K
= 9.66%
The net profit margin of ESAB Corp has shown some variability over the years, ranging from 7.34% to 9.68%. In 2021, the net profit margin improved to 9.68% from 8.07% in 2020, indicating a positive trend in the company's profitability. However, in 2022, there was a slight decrease to 8.63%, followed by a further decline to 7.34% in 2023. The company managed to rebound in 2024 with a net profit margin of 9.66%.
Overall, ESAB Corp's net profit margin has exhibited fluctuations but has generally been within a healthy range. It is important for the company to monitor and manage its expenses and revenue generation to maintain or improve its profitability in the future.