Innospec Inc (IOSP)

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	139,000	127,000	126,400	129,600	133,000	131,300	116,000	106,000	92,800	91,700	81,000	19,000	28,700	37,200	54,600	116,500	112,100	101,500	92,000	91,600
Revenue (ttm)	US$ in thousands	1,948,800	1,964,800	2,013,700	2,000,900	1,963,700	1,866,200	1,729,300	1,616,200	1,483,400	1,380,200	1,269,200	1,159,600	1,192,200	1,272,800	1,379,600	1,497,100	1,513,000	1,511,400	1,502,600	1,498,300
Net profit margin		7.13%	6.46%	6.28%	6.48%	6.77%	7.04%	6.71%	6.56%	6.26%	6.64%	6.38%	1.64%	2.41%	2.92%	3.96%	7.78%	7.41%	6.72%	6.12%	6.11%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $139,000K ÷ $1,948,800K
= 7.13%

The net profit margin of Innospec Inc has shown relative stability over the past eight quarters, ranging from 6.27% to 7.14%. The company has consistently maintained a positive net profit margin, indicating its ability to effectively control expenses relative to revenue generated. Although there have been fluctuations in the margin, it generally remained above 6%, reflecting sound financial management and profitability. The slight variations in the net profit margin quarter by quarter may be influenced by factors such as changes in revenue, costs, and economic conditions impacting the business. Overall, the trend suggests that Innospec Inc has maintained a healthy level of profitability during the period under review.