Sotera Health Co (SHC)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 51,376 | -307,024 | -268,274 | -261,369 | -233,570 | 122,146 | 124,500 | 136,681 | 116,882 |
| Revenue (ttm) | US$ in thousands | 1,049,288 | 990,639 | 976,166 | 987,523 | 1,003,687 | 993,346 | 970,806 | 956,084 | 931,478 |
| Net profit margin | 4.90% | -30.99% | -27.48% | -26.47% | -23.27% | 12.30% | 12.82% | 14.30% | 12.55% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $51,376K ÷ $1,049,288K
= 4.90%
Net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses. A higher net profit margin indicates better profitability, while a lower margin suggests inefficiency in cost management or declining sales.
In the case of Sotera Health Co, the net profit margin fluctuated significantly over the past eight quarters, ranging from as low as -30.92% in Q3 2023 to a high of 14.26% in Q1 2022. The company experienced a notable decline in profitability in the recent quarters, with negative margins in Q3 and Q2 2023, indicating that expenses exceeded revenue during those periods.
Overall, Sotera Health Co's net profit margin has been volatile, showing both positive and negative trends. To improve financial performance, the company may need to focus on reducing costs, increasing operational efficiency, and enhancing revenue generation strategies.
Peer comparison
Dec 31, 2023