Newell Brands Inc (NWL)

Operating 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
Operating income (ttm)	US$ in thousands	-85,000	-348,000	-149,000	59,000	312,000	755,000	1,031,000	1,032,000	1,013,000	1,096,000	1,143,000	977,000	-629,000	-750,000	-1,970,000	-1,902,000	-482,000	-486,800	-7,464,900	-7,612,000
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
Operating profit margin		-1.09%	-4.28%	-1.79%	0.68%	3.36%	7.70%	9.97%	9.83%	9.74%	10.79%	11.37%	10.25%	-6.84%	-7.78%	-20.91%	-20.19%	-5.23%	-5.70%	-88.73%	-89.51%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-85,000K ÷ $7,824,000K
= -1.09%

Over the past eight quarters, Newell Brands Inc's operating profit margin has shown a declining trend from Q1 2022 to Q4 2023. The operating profit margin started at a robust 9.80% in Q1 2022, reaching its peak at 10.06% in Q2 2022, before consistently decreasing in subsequent quarters.

The company's operating profit margin experienced a significant drop from 8.47% in Q4 2022 to 4.33% in Q4 2023. This decline indicates that Newell Brands Inc may be facing challenges in maintaining profitability from its core operations, potentially due to factors such as increased costs, competitive pressures, or changes in consumer demand.

Overall, the downward trend in Newell Brands Inc's operating profit margin over the past eight quarters suggests a need for the company to closely monitor its cost structures and operational efficiency to improve profitability in the future.