SPX Corp (SPXC)
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 | 89,900 | 31,100 | 54,600 | 31,600 | 200 | 33,900 | 361,100 | 410,000 | 425,400 | 445,400 | 137,900 | 103,100 | 99,000 | 98,000 | 96,700 | 88,800 | 65,300 | 79,100 | 64,200 | 68,000 |
| Revenue (ttm) | US$ in thousands | 1,711,900 | 1,685,500 | 1,617,500 | 1,553,600 | 1,460,900 | 1,381,600 | 1,296,800 | 1,239,400 | 1,219,500 | 1,217,800 | 1,291,000 | 1,362,800 | 1,440,200 | 1,536,500 | 1,537,400 | 1,536,100 | 1,509,800 | 1,510,200 | 1,507,000 | 1,893,200 |
| Net profit margin | 5.25% | 1.85% | 3.38% | 2.03% | 0.01% | 2.45% | 27.85% | 33.08% | 34.88% | 36.57% | 10.68% | 7.57% | 6.87% | 6.38% | 6.29% | 5.78% | 4.33% | 5.24% | 4.26% | 3.59% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $89,900K ÷ $1,711,900K
= 5.25%
SPX Corp's net profit margin has experienced fluctuations over the time period analyzed. The net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses.
The net profit margin ranged from as low as 0.01% in the first quarter of 2022 to as high as 36.57% in the fourth quarter of 2021. These variations indicate changing levels of efficiency in managing costs and generating profits over time.
In recent quarters, the net profit margin has generally been in the range of 1.85% to 5.25%. While the margins are positive, they are relatively lower compared to the higher levels seen in the earlier quarters. This could suggest challenges in controlling costs or generating higher revenues in the more recent periods.
Overall, SPX Corp's net profit margin trend indicates the company's ability to convert sales into profits. Analyzing the net profit margin alongside other financial metrics can provide a more comprehensive understanding of the company's financial performance and profitability.
Peer comparison
Dec 31, 2023