Hanesbrands Inc (HBI)
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 | -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 | 523,384 | 511,758 | 600,720 | 565,762 | 551,480 | 541,952 |
| Revenue (ttm) | US$ in thousands | 5,636,530 | 5,812,990 | 5,972,420 | 6,046,910 | 6,233,660 | 6,512,720 | 6,631,530 | 6,869,370 | 6,796,660 | 6,733,450 | 6,752,170 | 6,739,640 | 6,550,530 | 6,612,390 | 6,671,090 | 6,693,240 | 6,966,920 | 6,984,220 | 6,965,960 | 6,920,470 |
| Net profit margin | -0.31% | -8.84% | -6.61% | -4.64% | -2.04% | 5.39% | 6.37% | 6.68% | 1.14% | -4.68% | -5.38% | -4.91% | -1.15% | 6.68% | 7.85% | 7.65% | 8.62% | 8.10% | 7.92% | 7.83% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-17,726K ÷ $5,636,530K
= -0.31%
The net profit margin of Hanesbrands Inc has shown fluctuations over the past few quarters. The company experienced negative net profit margins in the most recent quarters, with figures ranging from -8.84% to -0.31%. This indicates that the company's net income was insufficient to cover its expenses and generate a profit during these periods.
On the other hand, in the earlier quarters, the net profit margin was generally positive, with percentages ranging from 5.39% to 8.62%. This suggests that the company was more successful in managing its costs and generating profits during these periods.
Overall, the trend in the net profit margin for Hanesbrands Inc has been inconsistent, with a mix of positive and negative margins. It is essential for the company to closely monitor its expenses and revenue generation to improve and maintain a healthy net profit margin in the future.