Kontoor Brands Inc (KTB)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	245,802	230,994	245,493	195,423	67,923
Revenue	US$ in thousands	2,620,280	2,579,340	2,604,520	2,434,200	2,097,840
Net profit margin		9.38%	8.96%	9.43%	8.03%	3.24%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $245,802K ÷ $2,620,280K
= 9.38%

Based on the data provided, Kontoor Brands Inc's net profit margin has shown an increasing trend over the past five years. From 3.24% in December 31, 2020, the net profit margin has steadily improved to reach 9.38% by December 31, 2024. This indicates that the company has been able to effectively control its costs and expenses relative to its total revenue, leading to a higher level of profitability over time. The consistent growth in net profit margin suggests that Kontoor Brands Inc has been successful in managing its operations efficiently and maximizing its earnings from its core business activities. Overall, the improvement in net profit margin reflects positively on the company's financial performance and indicates a positive trend in its profitability.