Hexcel Corporation (HXL)

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	105,700	160,900	149,000	151,200	126,300	108,200	90,400	47,900	16,100	-22,200	-21,500	-24,700	31,700	124,300	194,900	276,800	306,600	299,500	299,300	287,200
Revenue (ttm)	US$ in thousands	1,758,000	1,725,300	1,669,300	1,608,300	1,541,500	1,472,400	1,441,000	1,367,900	1,286,400	1,231,100	1,184,000	1,241,000	1,470,000	1,738,500	2,022,800	2,251,900	2,320,800	2,317,500	2,285,900	2,227,600
Net profit margin		6.01%	9.33%	8.93%	9.40%	8.19%	7.35%	6.27%	3.50%	1.25%	-1.80%	-1.82%	-1.99%	2.16%	7.15%	9.64%	12.29%	13.21%	12.92%	13.09%	12.89%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $105,700K ÷ $1,758,000K
= 6.01%

The net profit margin of Hexcel Corp. has displayed some variability over the past eight quarters, ranging from 3.41% to 9.19%. The highest net profit margin was observed in Q1 2023 at 9.19%, while the lowest was in Q1 2022 at 3.41%. Overall, the trend appears to show fluctuations in profitability, with some relatively stronger performances in the most recent quarters compared to previous periods. It would be prudent to further investigate the factors contributing to these fluctuations to better understand the company's financial performance and sustainability in generating profits.