Kontoor Brands Inc (KTB)

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
Net income (ttm)	US$ in thousands	230,994	213,828	205,380	230,979	245,493	237,798	250,128	211,770	195,423	194,625	191,997	135,098	67,923	53,564	7,281	78,529
Revenue (ttm)	US$ in thousands	2,589,611	2,647,350	2,600,927	2,599,919	2,604,516	2,540,463	2,588,165	2,465,948	2,434,204	2,469,159	2,394,349	2,247,901	2,097,839	2,049,753	2,117,336	2,390,409
Net profit margin		8.92%	8.08%	7.90%	8.88%	9.43%	9.36%	9.66%	8.59%	8.03%	7.88%	8.02%	6.01%	3.24%	2.61%	0.34%	3.29%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $230,994K ÷ $2,589,611K
= 8.92%

The net profit margin of Kontoor Brands Inc has exhibited fluctuations over the past few quarters. The trend shows a generally positive performance, with successive improvements from the first quarter of 2020 through to the second quarter of 2022. The margins peaked in the second quarter of 2022 at 9.66% before experiencing a slight decline in subsequent quarters. Despite the recent decrease, the net profit margin remains relatively healthy, indicating that the company is efficiently managing its costs and generating profits from its operations. The downward trend in the margin since the second quarter of 2022 may warrant further analysis to understand the factors influencing profitability in more recent periods.