Chart Industries Inc (GTLS)
Net profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 47,300 | -42,900 | -5,100 | -1,200 | 24,000 | 76,500 | 50,200 | 43,700 | 59,100 | 304,800 | 311,600 | 325,300 | 308,100 | 62,700 | 59,700 | 53,900 | 46,400 | 81,700 | 85,200 | 83,100 |
| Revenue (ttm) | US$ in thousands | 3,032,900 | 2,546,800 | 2,140,800 | 1,710,400 | 1,594,000 | 1,542,100 | 1,458,600 | 1,372,300 | 1,307,700 | 1,241,200 | 1,181,300 | 1,165,200 | 1,190,400 | 1,220,400 | 1,304,000 | 1,307,300 | 1,280,700 | 1,228,400 | 1,145,600 | 1,476,200 |
| Net profit margin | 1.56% | -1.68% | -0.24% | -0.07% | 1.51% | 4.96% | 3.44% | 3.18% | 4.52% | 24.56% | 26.38% | 27.92% | 25.88% | 5.14% | 4.58% | 4.12% | 3.62% | 6.65% | 7.44% | 5.63% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $47,300K ÷ $3,032,900K
= 1.56%
The net profit margin of Chart Industries Inc has shown some fluctuations over the given quarters. In Q4 2023, the net profit margin was 0.60%, indicating that the company retained $0.60 of every $100 in revenue as profit. This represents a slight improvement compared to the previous quarter, where there was a negative net profit margin of -2.33%. Despite the improvement, the net profit margin remains lower than the levels observed in the corresponding quarters of the previous year.
It is noteworthy that in Q4 2022, Chart Industries Inc achieved a net profit margin of 1.40%, which was higher than the current quarter. This implies that the company's profitability has declined since the same quarter last year. The trend of decreasing net profit margins from the previous year raises concerns about the company's ability to generate profit efficiently.
Overall, the analysis of Chart Industries Inc's net profit margin suggests that the company may be facing challenges in maintaining profitability in recent quarters. It would be advisable for stakeholders to closely monitor the company's financial performance and implement strategies to improve profitability in the upcoming periods.