ESAB Corp (ESAB)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 205,285 | 215,753 | 210,537 | 200,213 | 223,747 |
| Revenue (ttm) | US$ in thousands | 2,774,766 | 2,749,545 | 2,688,814 | 2,629,569 | 2,593,480 |
| Net profit margin | 7.40% | 7.85% | 7.83% | 7.61% | 8.63% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $205,285K ÷ $2,774,766K
= 7.40%
ESAB Corp's net profit margin has shown a consistent performance over the past five quarters. The trend indicates that the company has been able to maintain relatively healthy profitability levels, with net profit margins ranging from 7.34% to 8.57%. Despite some fluctuations, the overall stability in the range of 7.34% to 8.57% suggests that ESAB Corp has been effectively managing its costs and expenses to generate a steady level of net income relative to its total revenue. This level of net profit margin reflects the company's ability to efficiently convert revenue into profits, which is a positive indicator of its financial health. Overall, ESAB Corp's net profit margin appears to be in a stable and satisfactory range based on the data provided.
Peer comparison
Dec 31, 2023