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.
Peer comparison
Dec 31, 2023