ESCO Technologies Inc (ESE)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 101,881 | 99,615 | 98,328 | 92,987 | 92,545 | 91,588 | 86,818 | 85,523 | 82,320 | 71,645 | 63,381 | 62,202 | 63,496 | 21,825 | 25,603 | 28,021 | 101,980 | 148,144 | 149,524 | 150,499 |
| Revenue (ttm) | US$ in thousands | 1,011,553 | 989,298 | 978,104 | 959,068 | 947,264 | 931,693 | 903,174 | 880,215 | 852,649 | 802,596 | 765,775 | 728,079 | 714,210 | 717,564 | 707,792 | 720,752 | 727,651 | 756,279 | 782,930 | 797,707 |
| Net profit margin | 10.07% | 10.07% | 10.05% | 9.70% | 9.77% | 9.83% | 9.61% | 9.72% | 9.65% | 8.93% | 8.28% | 8.54% | 8.89% | 3.04% | 3.62% | 3.89% | 14.01% | 19.59% | 19.10% | 18.87% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $101,881K ÷ $1,011,553K
= 10.07%
The net profit margin of ESCO Technologies Inc has shown fluctuations over the past few quarters. It stood at 10.07% in September 2024, June 2024, and March 2024, indicating a relatively stable performance in maintaining profitability. However, the margin decreased to 9.70% in December 2023 before improving slightly to 9.77% in September 2023 and 9.83% in June 2023.
There was a decline in profitability in the first quarter of 2023, as the net profit margin dropped to 9.61%. This was followed by a rebound to 9.72% in December 2022 and 9.65% in September 2022.
A significant decrease in profitability was observed in the first quarter of 2022, with the net profit margin falling to 8.93%. It further dipped to 8.28% in June 2022 but recovered to 8.54% in March 2022. The margin increased to 8.89% in December 2021.
Notably, there was a substantial drop in profitability in the previous year, with the net profit margin plummeting to 3.04% in September 2021 and gradually improving to 3.62% in June 2021 and 3.89% in March 2021. The highest net profit margin of 19.59% was recorded in September 2020, followed by 19.10% in June 2020 and 18.87% in March 2020.
Overall, ESCO Technologies Inc has experienced fluctuations in its net profit margin, reflecting variations in its profitability performance over the quarters. It is important for the company to closely monitor and manage its margins to sustain and enhance its financial health and performance in the future.
Peer comparison
Sep 30, 2024