Knowles Cor (KN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -237,800 | 72,400 | -430,100 | 150,400 | 6,600 |
| Revenue | US$ in thousands | 553,500 | 456,800 | 764,700 | 868,100 | 764,300 |
| Net profit margin | -42.96% | 15.85% | -56.24% | 17.33% | 0.86% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-237,800K ÷ $553,500K
= -42.96%
Based on the provided data, the net profit margin of Knowles Cor has experienced significant fluctuations over the years. In December 2020, the net profit margin was 0.86%, indicating that the company earned $0.86 in net profit for every $100 in revenue generated.
By December 2021, the net profit margin saw a substantial increase to 17.33%, reflecting improved profitability and efficiency in managing costs relative to revenue. However, there was a sharp decline in December 2022 with a negative net profit margin of -56.24%, suggesting that the company incurred significant losses relative to its revenue.
The net profit margin recovered in December 2023 to 15.85%, indicating a return to profitability and effective cost management. Nevertheless, in December 2024, the net profit margin dropped again to -42.96%, signifying a significant decrease in profitability and possible challenges faced by the company during that period.
Overall, the fluctuating trend in Knowles Cor's net profit margin highlights the importance of closely monitoring financial performance and implementing strategies to sustain and improve profitability over time.
Peer comparison
Dec 31, 2024