Enpro Industries (NPO)
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 | 22,200 | 154,100 | 172,700 | 225,700 | 205,100 | 180,600 | 181,600 | 176,500 | 177,700 | 60,300 | 12,700 | -23,100 | 177,600 | 195,300 | 213,500 | 243,900 | 38,300 | 8,400 | 34,100 | 20,100 |
| Revenue (ttm) | US$ in thousands | 1,013,100 | 1,047,200 | 1,078,000 | 1,139,100 | 1,189,800 | 1,130,600 | 1,139,000 | 1,108,000 | 1,061,700 | 1,115,600 | 1,100,800 | 1,049,300 | 1,052,000 | 1,071,900 | 1,180,600 | 1,324,500 | 1,406,800 | 1,501,700 | 1,516,900 | 1,523,500 |
| Net profit margin | 2.19% | 14.72% | 16.02% | 19.81% | 17.24% | 15.97% | 15.94% | 15.93% | 16.74% | 5.41% | 1.15% | -2.20% | 16.88% | 18.22% | 18.08% | 18.41% | 2.72% | 0.56% | 2.25% | 1.32% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $22,200K ÷ $1,013,100K
= 2.19%
The net profit margin of Enpro Inc has shown some variability over the past eight quarters. In Q1 2023, the net profit margin was the highest at 21.49%, indicating that the company generated 21.49 cents of profit for every dollar of revenue. This was followed by Q2 2023 and Q3 2023 with net profit margins of 17.52% and 16.13% respectively.
The net profit margin experienced a significant drop in Q4 2023 to 2.10%, which suggests a decrease in profitability during that quarter compared to the previous ones. However, when compared to the same quarter of the previous year (Q4 2022), the net profit margin was lower at 18.66%, indicating a decline in profitability year-over-year.
Overall, Enpro Inc has demonstrated fluctuating net profit margins over the analyzed periods, with some quarters showing higher profitability levels than others. It would be essential for the company to assess the factors contributing to this variance and identify strategies to improve and stabilize its net profit margin in the long term.