Regal Beloit Corporation (RRX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 196,200 | -57,400 | 488,900 | 229,600 | 187,700 |
| Revenue | US$ in thousands | 6,033,800 | 6,250,700 | 5,217,900 | 3,810,300 | 2,907,000 |
| Net profit margin | 3.25% | -0.92% | 9.37% | 6.03% | 6.46% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $196,200K ÷ $6,033,800K
= 3.25%
The net profit margin of Regal Beloit Corporation has displayed fluctuations over the past five years. It stood at 6.46% as of December 31, 2020, and marginally decreased to 6.03% by December 31, 2021. However, there was a notable improvement in profitability by December 31, 2022, with the net profit margin reaching 9.37%.
The profitability of the company then experienced a significant downturn, resulting in a negative net profit margin of -0.92% as of December 31, 2023, which indicates that the company incurred a net loss during that period. Subsequently, there was a partial recovery with the net profit margin improving to 3.25% by December 31, 2024.
Overall, the trend in the net profit margin of Regal Beloit Corporation reflects variations in the company's financial performance, highlighting both strengths and challenges in its profitability over the specified period.
Peer comparison
Dec 31, 2024