Chart Industries Inc (GTLS)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 218,500 | 47,300 | 83,000 | 59,100 | 82,300 |
Revenue | US$ in thousands | 4,160,300 | 3,352,500 | 1,612,400 | 1,317,700 | 1,177,100 |
Net profit margin | 5.25% | 1.41% | 5.15% | 4.49% | 6.99% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $218,500K ÷ $4,160,300K
= 5.25%
Chart Industries Inc's net profit margin has shown some volatility over the past five years. In December 2020, the net profit margin stood at 6.99%, reflecting a healthy level of profitability. However, there was a decline in profitability in December 2021, with the net profit margin decreasing to 4.49%. The company experienced a slight improvement in profitability in December 2022, with the net profit margin increasing to 5.15%.
There was a significant decrease in profitability in December 2023, with the net profit margin dropping to 1.41%. This could indicate challenges or inefficiencies impacting the company's bottom line during that period. However, there was a recovery in December 2024, as the net profit margin increased to 5.25%.
Overall, the trend in net profit margin suggests some fluctuations in profitability for Chart Industries Inc over the past five years. It would be important for the company to closely monitor and address factors affecting its profitability to ensure sustained financial health and performance in the future.