Knowles Cor (KN)
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 | 72,400 | -183,000 | -196,900 | -453,400 | -430,100 | -129,500 | -104,500 | 156,000 | 150,400 | 87,400 | 65,300 | 28,200 | 6,600 | -2,500 | 17,300 | 42,700 | 49,100 | 108,200 | 66,600 | 65,300 |
| Revenue (ttm) | US$ in thousands | 707,600 | 689,500 | 692,600 | 707,600 | 764,700 | 801,900 | 856,700 | 868,500 | 868,100 | 877,000 | 849,800 | 802,200 | 764,300 | 755,000 | 785,100 | 838,100 | 854,800 | 844,700 | 845,000 | 828,200 |
| Net profit margin | 10.23% | -26.54% | -28.43% | -64.08% | -56.24% | -16.15% | -12.20% | 17.96% | 17.33% | 9.97% | 7.68% | 3.52% | 0.86% | -0.33% | 2.20% | 5.09% | 5.74% | 12.81% | 7.88% | 7.88% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $72,400K ÷ $707,600K
= 10.23%
Knowles Corp's net profit margin has shown significant volatility over the past eight quarters. In Q4 2023, the net profit margin was at 10.23%, indicating that the company retained approximately 10.23% of its revenue as net profit. This marks a notable improvement from the previous three quarters, where the net profit margins were negative, reaching as low as -64.08% in Q1 2023. The positive net profit margin in Q4 2023 suggests that the company was able to generate profits more efficiently compared to the previous quarters. However, it is important to note the fluctuating nature of the net profit margins, which could be indicative of varying operating conditions or financial performance drivers impacting the company's profitability.
Peer comparison
Dec 31, 2023