Hanesbrands Inc (HBI)
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 | -320,431 | -229,610 | -298,360 | -22,444 | -17,726 | -513,775 | -394,875 | -280,310 | -127,204 | 350,937 | 422,613 | 459,188 | 77,224 | -314,973 | -363,472 | -330,967 | -75,579 | 441,571 | 526,069 | 518,860 |
| Revenue (ttm) | US$ in thousands | 3,885,425 | 4,385,526 | 4,959,733 | 5,403,320 | 5,131,150 | 5,307,610 | 5,467,040 | 5,541,530 | 6,233,660 | 6,512,720 | 6,631,530 | 6,869,370 | 6,801,240 | 6,849,730 | 6,868,450 | 6,855,920 | 6,664,350 | 6,614,510 | 6,673,210 | 6,695,360 |
| Net profit margin | -8.25% | -5.24% | -6.02% | -0.42% | -0.35% | -9.68% | -7.22% | -5.06% | -2.04% | 5.39% | 6.37% | 6.68% | 1.14% | -4.60% | -5.29% | -4.83% | -1.13% | 6.68% | 7.88% | 7.75% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-320,431K ÷ $3,885,425K
= -8.25%
Hanesbrands Inc's net profit margin has shown fluctuations over the period under consideration. Starting from March 31, 2020, the company had a net profit margin of 7.75%, which increased slightly to 7.88% by June 30, 2020. However, the net profit margin decreased to 6.68% by September 30, 2020.
The profitability deteriorated significantly by the end of 2020, with a negative net profit margin of -1.13% on December 31, 2020. This trend continued into the first half of 2021, with further declines in the net profit margin reaching -5.29% by June 30, 2021.
The company's net profit margin improved in the later part of 2021, reaching a positive figure of 1.14% on December 31, 2021. This positive trend continued into 2022, with net profit margins of 6.68% on March 31, 2022, and 6.37% on June 30, 2022.
However, the net profit margin started to decline again in the second half of 2022, dropping to 5.39% by September 30, 2022, and further to -2.04% by December 31, 2022. The negative trend persisted through 2023 and 2024, with net profit margins continuously decreasing, reaching a low of -8.25% on December 31, 2024.
Overall, the analysis indicates that Hanesbrands Inc's net profit margin has been volatile, experiencing both positive and negative trends over the period, reflecting fluctuations in the company's profitability levels.