Newell Brands Inc (NWL)
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 | -388,000 | -551,000 | -314,000 | -133,000 | 197,000 | 544,000 | 740,000 | 757,000 | 622,000 | 655,000 | 744,000 | 606,000 | -766,000 | -103,000 | -1,033,000 | -1,021,000 | 107,000 | -503,000 | -7,188,000 | -7,146,300 |
| Revenue (ttm) | US$ in thousands | 7,824,000 | 8,126,000 | 8,321,000 | 8,682,000 | 9,281,000 | 9,801,000 | 10,341,000 | 10,501,000 | 10,403,000 | 10,161,000 | 10,057,000 | 9,530,000 | 9,197,000 | 9,635,400 | 9,421,500 | 9,419,900 | 9,220,300 | 8,547,100 | 8,413,200 | 8,503,900 |
| Net profit margin | -4.96% | -6.78% | -3.77% | -1.53% | 2.12% | 5.55% | 7.16% | 7.21% | 5.98% | 6.45% | 7.40% | 6.36% | -8.33% | -1.07% | -10.96% | -10.84% | 1.16% | -5.89% | -85.44% | -84.04% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-388,000K ÷ $7,824,000K
= -4.96%
The net profit margin of Newell Brands Inc has exhibited a declining trend over the past eight quarters. In the latest quarter, Q4 2023, the net profit margin was recorded at -4.77%, indicating that the company incurred a net loss equivalent to 4.77% of its total revenue. This represents a significant decrease from the net profit margin of 2.08% in Q4 2022.
The preceding quarters also displayed negative net profit margins, with values ranging from -1.57% to -6.88%. This suggests that the company has been facing challenges in generating profits and controlling its expenses efficiently. Furthermore, the positive net profit margins observed in the earlier quarters of 2022 have decreased steadily, indicating a deterioration in the company's profitability performance.
The consistent decline in net profit margins highlights the need for Newell Brands Inc to focus on enhancing cost management strategies, increasing revenues, and optimizing operational efficiency to improve profitability in the future quarters. Further analysis of the company's financial and operational performance metrics is recommended to identify the root causes of the declining profitability trend and implement corrective actions.
Peer comparison
Dec 31, 2023