Olin Corporation (OLN)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 452,000 | 1,326,900 | 1,296,700 | -969,900 | -11,300 |
| Revenue | US$ in thousands | 6,721,800 | 9,261,600 | 8,413,200 | 5,465,300 | 5,877,300 |
| Net profit margin | 6.72% | 14.33% | 15.41% | -17.75% | -0.19% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $452,000K ÷ $6,721,800K
= 6.72%
The net profit margin for Olin Corp. has shown fluctuating trends over the past five years. In 2023, the net profit margin declined to 6.73% from 14.15% in 2022, marking a significant decrease. Despite this decrease, the company still managed to maintain a positive net profit margin.
In 2021, Olin Corp. had a net profit margin of 14.55%, slightly lower than the previous year but indicating a strong performance in generating profits relative to its revenue. The year 2020 saw a notable downturn with a negative net profit margin of -16.84%, signifying that the company incurred losses beyond its revenue.
The trend shows some improvement in 2019, where the net profit margin was slightly in the negative at -0.18%, indicating that the company was close to breaking even. Overall, the fluctuating net profit margins reflect changes in the company's profitability over the years, and further analysis would be needed to understand the underlying factors driving these fluctuations.
Peer comparison
Dec 31, 2023