SPX Corp (SPXC)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 200,500 174,900 104,300 96,100 89,900 33,600 66,500 49,600 18,200 49,000 366,800 409,600 425,000 443,600 136,100 101,300 97,200 103,600 102,300 94,400
Revenue (ttm) US$ in thousands 1,983,900 1,919,600 1,884,600 1,806,600 1,741,200 1,701,100 1,622,900 1,553,600 1,460,900 1,381,600 1,296,900 1,239,600 1,331,000 1,437,800 1,515,400 1,591,900 1,562,700 1,550,500 1,551,900 1,551,100
Net profit margin 10.11% 9.11% 5.53% 5.32% 5.16% 1.98% 4.10% 3.19% 1.25% 3.55% 28.28% 33.04% 31.93% 30.85% 8.98% 6.36% 6.22% 6.68% 6.59% 6.09%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $200,500K ÷ $1,983,900K
= 10.11%

The net profit margin of SPX Corp has shown some fluctuations over the analyzed periods. It started at around 6% in March 2020, gradually increased to around 8-9% by June 2021, and then saw a significant surge to over 30% by September 2021 and subsequently climbed to over 33% by March 2022. However, the net profit margin experienced a substantial decline in the following quarters, dropping to as low as around 1-4% between September 2022 and June 2024. It then saw an uptick, reaching around 10% by December 2024.

The fluctuation in the net profit margin may indicate changing business conditions, cost structures, or revenue streams for SPX Corp during the analyzed periods. It is crucial to further examine the company's financial performance and operational efficiency to understand the drivers behind these fluctuations and assess the company's overall profitability and financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
SPX Corp
SPXC
10.11%
Lincoln Electric Holdings Inc
LECO
11.63%