Newell Brands Inc (NWL)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands -388,000 197,000 622,000 -766,000 107,000
Revenue US$ in thousands 7,824,000 9,305,000 10,336,000 9,059,000 9,688,100
Net profit margin -4.96% 2.12% 6.02% -8.46% 1.10%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $-388,000K ÷ $7,824,000K
= -4.96%

Net profit margin is a key financial metric that indicates the percentage of each dollar of revenue that results in net income. A higher net profit margin is generally preferred as it signifies better efficiency in controlling costs and generating profit.

Looking at the historical trend of Newell Brands Inc's net profit margin, we observe fluctuations over the five-year period. In 2019, the net profit margin stood at 1.10%, indicating that the company was able to convert around 1.10% of its revenue into net income. This figure increased to 5.40% in 2021, reflecting improved profitability. However, a notable decline was observed in 2020 when the net profit margin fell to -8.20%, signifying a loss on every dollar of revenue.

For the most recent year ending on December 31, 2023, Newell Brands Inc reported a net profit margin of -4.77%. This negative figure indicates that the company incurred a loss relative to its total revenue during that period. Further analysis would be required to understand the reasons behind the negative net profit margin and assess the company's overall financial performance.

In conclusion, the trend in Newell Brands Inc's net profit margin has been mixed over the past five years, with fluctuations in profitability levels. The recent negative net profit margin warrants further investigation into the company's cost structure, revenue generation, and overall financial health.


Peer comparison

Dec 31, 2023