Rogers Corporation (ROG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 26,100 | 56,600 | 116,600 | 108,100 | 49,990 |
| Revenue | US$ in thousands | 830,100 | 908,400 | 971,171 | 932,886 | 802,583 |
| Net profit margin | 3.14% | 6.23% | 12.01% | 11.59% | 6.23% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $26,100K ÷ $830,100K
= 3.14%
Based on the data provided for Rogers Corporation's net profit margin over the past five years, there has been fluctuations in the company's profitability.
In December 2020, the net profit margin was 6.23%, indicating that for every dollar of revenue generated, the company retained $0.0623 as net profit. This margin increased significantly to 11.59% by December 2021, reflecting improved profitability and efficiency in managing costs.
By December 2022, the net profit margin further improved to 12.01%, signaling continued growth and potentially better cost management strategies. However, there was a notable decline in profitability by December 2023, with the net profit margin reverting back to 6.23%.
The most recent data point, December 2024, shows a substantial decrease in the net profit margin to 3.14%. This decline suggests potential challenges or inefficiencies impacting the company's ability to generate profits relative to its revenue.
Overall, the trend in Rogers Corporation's net profit margin demonstrates fluctuation and volatility in profitability over the five-year period, highlighting the importance of monitoring and addressing factors that can impact the company's bottom line performance.
Peer comparison
Dec 31, 2024