ODP Corp (ODP)
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 | 139,000 | 193,000 | 190,000 | 183,000 | 166,000 | -125,000 | -91,000 | -206,000 | -208,000 | 84,000 | 40,000 | -311,000 | -319,000 | -282,000 | -279,000 | 136,000 | 99,000 | 30,000 | 30,000 | 70,000 |
| Revenue (ttm) | US$ in thousands | 7,821,000 | 8,121,000 | 8,288,000 | 8,415,000 | 8,480,000 | 8,416,000 | 8,417,000 | 8,667,000 | 8,853,000 | 9,099,000 | 9,460,000 | 9,315,000 | 9,663,000 | 9,883,000 | 10,111,000 | 10,541,000 | 10,580,000 | 10,727,000 | 10,822,000 | 10,854,000 |
| Net profit margin | 1.78% | 2.38% | 2.29% | 2.17% | 1.96% | -1.49% | -1.08% | -2.38% | -2.35% | 0.92% | 0.42% | -3.34% | -3.30% | -2.85% | -2.76% | 1.29% | 0.94% | 0.28% | 0.28% | 0.64% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $139,000K ÷ $7,821,000K
= 1.78%
The net profit margin of ODP Corp has shown fluctuations over the past few quarters. It increased from 1.29% in March 2020 to a peak of 2.38% in September 2023 before slightly declining to 1.78% in December 2023. However, the company experienced negative net profit margins in the third and fourth quarters of 2022, with the lowest point at -3.34% in December 2021. Overall, there seems to be a trend of improvement in the net profit margin, with the company moving from negative margins to positive ones in recent quarters. ODP Corp should continue to monitor and enhance its profitability to ensure sustainable financial performance.
Peer comparison
Dec 31, 2023