Fresh Del Monte Produce Inc (FDP)
Net profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 142,200 | 15,300 | -18,400 | -24,300 | -11,400 | 113,400 | 138,300 | 111,800 | 98,600 | 69,100 | 37,100 | 63,100 | 80,000 | 92,100 | 108,200 | 78,900 | 49,200 | 22,500 | 23,200 | 43,400 |
| Revenue (ttm) | US$ in thousands | 4,280,300 | 4,275,700 | 4,259,300 | 4,300,100 | 4,320,700 | 4,352,100 | 4,402,500 | 4,433,900 | 4,442,300 | 4,419,600 | 4,370,900 | 4,300,600 | 4,252,000 | 4,237,000 | 4,221,900 | 4,172,600 | 4,202,300 | 4,225,200 | 4,305,700 | 4,452,800 |
| Net profit margin | 3.32% | 0.36% | -0.43% | -0.57% | -0.26% | 2.61% | 3.14% | 2.52% | 2.22% | 1.56% | 0.85% | 1.47% | 1.88% | 2.17% | 2.56% | 1.89% | 1.17% | 0.53% | 0.54% | 0.97% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $142,200K ÷ $4,280,300K
= 3.32%
The net profit margin of Fresh Del Monte Produce Inc has fluctuated over the periods provided in the data. The trend shows fluctuations between positive and negative values, indicating variability in the company's profitability. The net profit margin was consistently positive from March 31, 2020, to June 30, 2022, with fluctuations ranging from 0.53% to 2.56%. However, from December 31, 2022, to June 30, 2024, the net profit margin turned negative, reflecting a period of decreased profitability.
The net profit margin rebounded strongly in the second half of 2024, reaching a high of 3.32% by December 31, 2024. This suggests a potential recovery in profitability after the downturn observed in the preceding periods.
Overall, careful consideration of the factors influencing the profitability of Fresh Del Monte Produce Inc, such as the company's cost management, pricing strategies, and operational efficiency, is necessary to understand the fluctuations in the net profit margin. Monitoring and analyzing this metric over time can provide insights into the company's financial health and performance.
Peer comparison
Dec 31, 2024