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.
Peer comparison
Dec 31, 2024