Enpro Industries (NPO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 72,900 | 22,200 | 3,900 | 177,900 | -23,300 |
| Revenue | US$ in thousands | 1,048,700 | 1,059,300 | 1,099,200 | 1,141,800 | 1,074,000 |
| Net profit margin | 6.95% | 2.10% | 0.35% | 15.58% | -2.17% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $72,900K ÷ $1,048,700K
= 6.95%
The net profit margin for Enpro Industries has fluctuated over the years, as follows:
- As of December 31, 2020, the net profit margin was -2.17%, indicating that the company incurred a loss relative to its revenue during that period. This negative profit margin may raise concerns about the company's ability to efficiently manage its costs and generate profits.
- By December 31, 2021, the net profit margin improved significantly to 15.58%, reflecting a strong performance where the company was able to generate a higher profit relative to its revenue. This marked improvement suggests that Enpro Industries implemented strategies to enhance profitability and control expenses effectively.
- However, the net profit margin dipped to 0.35% by December 31, 2022, indicating a significant decrease in profitability compared to the previous year. This decline may raise questions about the company's operational efficiency and ability to sustain or grow its profit margins.
- Enpro Industries showed a slight improvement in profitability by December 31, 2023, with a net profit margin of 2.10%. While the company managed to increase its profitability compared to the previous year, the margin remains relatively low, prompting a closer look at the company's cost structure and revenue-generating activities.
- Lastly, as of December 31, 2024, the net profit margin further improved to 6.95%, indicating a positive trend in profitability. This increase suggests that Enpro Industries may have implemented corrective measures or experienced growth in revenue that positively impacted its bottom line.
In summary, Enpro Industries' net profit margin has exhibited fluctuations over the years, with periods of both losses and profitability. It is essential for stakeholders to monitor these fluctuations closely and analyze the underlying factors driving changes in profitability to assess the company's financial health and performance accurately.