Olin Corporation (OLN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 108,600 | 460,200 | 1,326,900 | 1,296,700 | -969,900 |
| Revenue | US$ in thousands | 6,540,100 | 6,833,000 | 9,376,200 | 8,910,600 | 5,758,000 |
| Net profit margin | 1.66% | 6.73% | 14.15% | 14.55% | -16.84% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $108,600K ÷ $6,540,100K
= 1.66%
The net profit margin of Olin Corporation has shown significant fluctuations over the past five years.
In December 2020, the net profit margin was negative at -16.84%, indicating that Olin Corporation had incurred losses relative to its revenue during that period.
However, there was a substantial improvement in profitability in the following years. By December 2021, the net profit margin had surged to 14.55%, reflecting a strong performance in generating profits relative to its revenue.
In the subsequent years, the net profit margin remained relatively stable, hovering around the 14% mark in both December 2022 and December 2023, demonstrating consistent profitability.
However, there was a notable decline in profitability by December 2024, with the net profit margin decreasing to 1.66%. This could indicate potential challenges or changes in the company's operating environment that impacted its ability to generate profits efficiently.
Overall, while Olin Corporation has shown resilience and strong profitability in recent years, the significant variation in net profit margin highlights the need for careful monitoring of financial performance and potential factors influencing profitability.
Peer comparison
Dec 31, 2024