Kellanova (K)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,343,000 | 951,000 | 960,000 | 1,488,000 | 1,251,000 |
| Revenue | US$ in thousands | 12,749,000 | 13,122,000 | 12,653,000 | 11,747,000 | 13,770,000 |
| Net profit margin | 10.53% | 7.25% | 7.59% | 12.67% | 9.08% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,343,000K ÷ $12,749,000K
= 10.53%
Kellanova's net profit margin has shown some fluctuations over the years based on the provided data. It increased from 9.08% in December 31, 2020 to 12.67% in December 31, 2021, reflecting a positive trend in profitability during that period. However, the margin then decreased to 7.59% in December 31, 2022, followed by a slight dip to 7.25% in December 31, 2023.
The net profit margin improved again in December 31, 2024, reaching 10.53%, indicating a recovery in profitability compared to the previous year. Overall, Kellanova has experienced varying levels of net profit margin over the years, with potential factors such as changes in revenue, expenses, or operating efficiency influencing these fluctuations. Further analysis of the company's financial performance and strategic decisions may provide insights into the drivers behind these changes in profitability.
Peer comparison
Dec 31, 2024