Rockwell Automation Inc (ROK)
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 | 1,218,600 | 1,387,400 | 1,423,400 | 1,321,100 | 1,074,700 | 932,200 | 671,800 | 645,200 | 1,006,300 | 1,358,100 | 1,542,300 | 1,588,800 | 1,306,000 | 1,023,400 | 768,800 | 712,400 | 926,200 | 695,800 | 1,033,600 | 970,800 |
| Revenue (ttm) | US$ in thousands | 9,134,800 | 9,203,000 | 8,773,300 | 8,412,100 | 7,887,500 | 7,627,800 | 7,344,400 | 7,240,700 | 7,215,500 | 6,930,800 | 6,691,200 | 6,234,000 | 6,137,000 | 6,252,500 | 6,412,700 | 6,682,400 | 6,660,100 | 6,622,300 | 6,621,600 | 6,682,000 |
| Net profit margin | 13.34% | 15.08% | 16.22% | 15.70% | 13.63% | 12.22% | 9.15% | 8.91% | 13.95% | 19.60% | 23.05% | 25.49% | 21.28% | 16.37% | 11.99% | 10.66% | 13.91% | 10.51% | 15.61% | 14.53% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,218,600K ÷ $9,134,800K
= 13.34%
The net profit margin, which measures the proportion of revenue that translates into net income, reflects Rockwell Automation Inc's efficiency in managing costs and generating profits.
Over the past eight quarters, the net profit margin has shown fluctuation. It increased from 13.58% in December 2022 to 16.45% in June 2023, before experiencing a slight decline to 13.29% in December 2023. This variability may indicate changes in operational efficiency, pricing strategies, or cost management.
The increasing trend from December 2022 to June 2023 suggests improved profitability, potentially driven by effective cost control or increasing revenue. However, the subsequent decline in the net profit margin from June 2023 to December 2023 warrants attention, as it could indicate rising costs or other factors affecting profitability.
It is essential to further investigate the underlying reasons for these fluctuations to determine if they are attributable to sustainable operational improvements or temporary changes. Moreover, contextualizing the net profit margin with industry benchmarks and competitors' performance can provide valuable insights into Rockwell Automation Inc's relative profitability and overall financial health.
Peer comparison
Dec 31, 2023