Olin Corporation (OLN)

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	452,000	599,800	810,500	1,087,900	1,326,900	1,436,900	1,512,400	1,446,100	1,296,700	957,100	-170,400	-646,300	-969,900	-1,014,100	-233,100	-133,000	-11,300	119,200	270,100	348,700
Revenue (ttm)	US$ in thousands	6,694,800	7,037,300	7,697,800	8,622,000	9,248,600	9,480,800	9,472,500	9,030,900	8,436,700	7,905,800	6,991,400	6,022,700	5,550,200	5,283,200	5,432,700	5,796,000	5,940,900	6,188,800	8,361,600	10,222,500
Net profit margin		6.75%	8.52%	10.53%	12.62%	14.35%	15.16%	15.97%	16.01%	15.37%	12.11%	-2.44%	-10.73%	-17.48%	-19.19%	-4.29%	-2.29%	-0.19%	1.93%	3.23%	3.41%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $452,000K ÷ $6,694,800K
= 6.75%

The net profit margin of Olin Corp. has shown a decreasing trend over the past eight quarters. Starting at 15.30% in Q1 2022, the margin gradually declined to 6.73% in Q4 2023. This indicates that the company's profitability relative to its revenues has been diminishing. The drop in net profit margin could be attributed to various factors such as increasing costs, pricing pressures, or changes in revenue mix. It is essential for Olin Corp. to closely monitor its expenses and operational efficiency to improve its net profit margin and ensure sustainable profitability in the long term.