Matthews International Corporation (MATW)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -59,660 | 26,224 | 33,185 | 33,285 | 39,291 | -59,391 | -65,236 | -76,268 | -99,774 | -22,491 | -22,029 | -15,135 | 2,910 | 13,992 | 12,906 | -78,447 | -87,155 | -165,692 | -153,332 | -51,551 |
| Revenue (ttm) | US$ in thousands | 1,795,737 | 1,829,210 | 1,873,285 | 1,881,642 | 1,880,896 | 1,857,855 | 1,807,666 | 1,773,064 | 1,762,403 | 1,744,115 | 1,750,776 | 1,722,952 | 1,671,030 | 1,631,331 | 1,562,373 | 1,520,019 | 1,498,306 | 1,491,571 | 1,511,443 | 1,528,043 |
| Net profit margin | -3.32% | 1.43% | 1.77% | 1.77% | 2.09% | -3.20% | -3.61% | -4.30% | -5.66% | -1.29% | -1.26% | -0.88% | 0.17% | 0.86% | 0.83% | -5.16% | -5.82% | -11.11% | -10.14% | -3.37% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-59,660K ÷ $1,795,737K
= -3.32%
The net profit margin for Matthews International Corporation has shown fluctuations over the past few years. From December 2019 to September 2020, the company experienced negative net profit margins, indicating that expenses were exceeding revenues during that period. However, from March 2020 to December 2021, the net profit margin gradually improved, showing positive figures. In the most recent quarters, the net profit margin has once again turned negative, suggesting a decrease in profitability.
It is important to note that a negative net profit margin indicates that the company is operating at a loss, while a positive net profit margin reflects profitability. The downward trend in the net profit margin in the recent quarters may raise concerns about the company's ability to generate sufficient profits relative to its revenue. Further analysis of the company's cost structure and revenue generation may be necessary to understand the factors contributing to these fluctuations in the net profit margin.