Sotera Health Co (SHC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 51,376 | -233,570 | 116,882 |
| Revenue | US$ in thousands | 1,049,290 | 1,003,690 | 931,478 |
| Net profit margin | 4.90% | -23.27% | 12.55% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $51,376K ÷ $1,049,290K
= 4.90%
The net profit margin of Sotera Health Co has shown fluctuations over the past five years. In 2023, the net profit margin improved to 4.90%, indicating that the company was able to increase its profitability relative to its revenue compared to the previous year. However, in 2022, the net profit margin was significantly negative at -23.27%, reflecting a substantial loss relative to its revenue, which may have been attributed to various factors such as higher expenses or lower revenue.
In 2021, the net profit margin was at a relatively healthy level of 12.55%, indicating that the company was able to generate a decent level of profit compared to its revenue. On the other hand, in 2020 and 2019, the net profit margins were negative at -4.72% and -2.68% respectively, suggesting that the company experienced losses relative to its revenue during those years.
Overall, the trend in Sotera Health Co's net profit margin shows variability, with periods of profitability as well as periods of losses. It is important for the company to consistently monitor and manage its expenses and revenue generation to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2023