ODP Corp (ODP)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -3,000 | 139,000 | 166,000 | 187,000 | -319,000 |
| Revenue | US$ in thousands | 6,990,000 | 7,831,000 | 8,491,000 | 8,465,000 | 9,710,000 |
| Net profit margin | -0.04% | 1.77% | 1.96% | 2.21% | -3.29% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-3,000K ÷ $6,990,000K
= -0.04%
The net profit margin of ODP Corp has shown fluctuations over the years. In 2020, the company reported a negative net profit margin of -3.29%, indicating that expenses exceeded revenue. However, by the end of 2021, there was an improvement with the net profit margin increasing to 2.21%, reflecting a higher proportion of net income relative to revenue.
In 2022 and 2023, the net profit margin slightly decreased to 1.96% and 1.77% respectively, suggesting that the company's profitability slightly declined during those years.
By the end of 2024, ODP Corp's net profit margin turned negative again at -0.04%, indicating a decrease in profitability and possibly a period of financial difficulty.
Overall, ODP Corp's net profit margin has been volatile, showing a mix of positive and negative trends, which may necessitate further investigation into the company's operational efficiency and cost management strategies.
Peer comparison
Dec 31, 2024