Koppers Holdings Inc (KOP)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 89,200 | 63,400 | 85,200 | 122,000 | 66,600 |
| Revenue | US$ in thousands | 2,083,200 | 1,935,700 | 1,638,100 | 1,620,200 | 1,710,300 |
| Net profit margin | 4.28% | 3.28% | 5.20% | 7.53% | 3.89% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $89,200K ÷ $2,083,200K
= 4.28%
The net profit margin for Koppers Holdings Inc has shown some fluctuations over the past five years. In 2019, the net profit margin was 3.76%, which increased to 7.31% in 2020, indicating a significant improvement in profitability. However, there was a slight decline in the net profit margin to 5.08% in 2021, followed by a further decrease to 3.20% in 2022. The net profit margin increased again to 4.14% in 2023.
Overall, Koppers Holdings Inc has demonstrated varying levels of profitability over the years, with 2020 representing a standout year in terms of net profit margin. It is essential for the company to closely monitor its profitability metrics to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2023