Mercer International Inc (MERC)

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 -242,056 -134,816 -42,114 127,564 247,039 301,537 303,909 253,952 170,988 83,489 21,916 -7,910 -17,235 -76,979 -83,317 -64,647 -9,639 108,091 148,060 154,556
Revenue (ttm) US$ in thousands 1,902,412 2,022,817 2,095,191 2,150,228 2,225,984 2,170,471 2,102,894 1,921,045 1,713,879 1,611,455 1,462,773 1,394,244 1,358,964 1,291,941 1,356,264 1,439,936 1,568,676 1,576,750 1,533,582 1,482,235
Net profit margin -12.72% -6.66% -2.01% 5.93% 11.10% 13.89% 14.45% 13.22% 9.98% 5.18% 1.50% -0.57% -1.27% -5.96% -6.14% -4.49% -0.61% 6.86% 9.65% 10.43%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-242,056K ÷ $1,902,412K
= -12.72%

Mercer International Inc.'s net profit margin has exhibited fluctuating trends over the past eight quarters. The company experienced a decline in net profit margin, reaching its lowest point in Q4 2023 at -12.14%. This was a substantial decrease from the previous quarter's net profit margin of -6.40% in Q3 2023. The negative net profit margins in these quarters indicate that the company's expenses exceeded its revenues, resulting in overall loss.

Prior to the recent decline, Mercer International Inc. demonstrated a positive net profit margin in the preceding quarters, with the highest value of 14.11% in Q2 2022. This implies that the company was able to generate profits relative to its revenues during this period. However, there was a notable decrease in net profit margin from Q2 2022 to Q4 2022.

The volatile nature of Mercer International Inc.'s net profit margin may suggest challenges in managing costs effectively or fluctuations in revenue generation. Further analysis of the company's financial performance, including its revenue and expense structure, is recommended to gain a more comprehensive understanding of the factors influencing its profitability.