SPX Corp (SPXC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 200,500 | 89,900 | 19,800 | 59,000 | 99,000 |
| Revenue | US$ in thousands | 1,983,900 | 1,741,200 | 1,460,900 | 1,219,500 | 1,559,500 |
| Net profit margin | 10.11% | 5.16% | 1.36% | 4.84% | 6.35% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $200,500K ÷ $1,983,900K
= 10.11%
The net profit margin of SPX Corp has exhibited fluctuating trends over the past five years. Starting at 6.35% on December 31, 2020, the margin decreased to 4.84% by December 31, 2021, indicating a decline in profitability. However, there was a significant drop to 1.36% by December 31, 2022, suggesting potential challenges or inefficiencies impacting the company's bottom line.
On a positive note, there was a rebound in profitability by December 31, 2023, with the net profit margin increasing to 5.16%. The most notable improvement was seen by December 31, 2024, where the margin surged to 10.11%, representing a substantial increase in profitability for SPX Corp.
Overall, the analysis highlights the variability in SPX Corp's net profit margin in recent years, indicating a mix of challenges and opportunities in managing the company's profitability. It is crucial for the company to maintain a stable and healthy net profit margin to ensure sustainable growth and financial success.
Peer comparison
Dec 31, 2024