Stanley Black & Decker Inc (SWK)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -310,500 | 1,062,500 | 1,689,200 | 1,233,800 | 955,800 |
| Revenue | US$ in thousands | 15,781,100 | 16,947,400 | 15,281,300 | 12,750,000 | 12,912,900 |
| Net profit margin | -1.97% | 6.27% | 11.05% | 9.68% | 7.40% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-310,500K ÷ $15,781,100K
= -1.97%
The net profit margin of Stanley Black & Decker Inc has displayed fluctuations over the past five years. In 2023, the net profit margin was -1.97%, indicating that the company's net profit was negative in relation to its total revenue. This could be a concerning sign, suggesting that the company's expenses exceeded its revenue during that period.
In contrast, the net profit margin improved significantly in 2022 to 6.27%, indicating that the company earned 6.27 cents in net profit for every dollar of revenue generated. This positive trend continued in 2021, with a net profit margin of 11.05%, indicating a strong profitability level compared to the previous years.
In 2020 and 2019, the net profit margin was 9.68% and 7.40% respectively. These figures suggest that the company maintained a relatively healthy level of profitability during those years.
It is essential to further investigate the factors contributing to the negative net profit margin in 2023 and monitor future financial performance to assess the company's profitability and financial health.
Peer comparison
Dec 31, 2023