Sensient Technologies Corporation (SXT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 124,666 | 93,394 | 140,887 | 118,745 | 109,472 |
| Revenue | US$ in thousands | 1,557,370 | 1,430,740 | 1,422,220 | 1,367,390 | 1,317,440 |
| Net profit margin | 8.00% | 6.53% | 9.91% | 8.68% | 8.31% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $124,666K ÷ $1,557,370K
= 8.00%
Based on the provided data for Sensient Technologies Corporation's net profit margin over the past five years, we observe the following trend:
- In December 31, 2020, the net profit margin stood at 8.31%.
- By December 31, 2021, the net profit margin improved slightly to 8.68%.
- The trend continued upwards, reaching 9.91% by December 31, 2022, indicating improved profitability.
- However, by December 31, 2023, there was a notable decline in the net profit margin to 6.53%, suggesting a decrease in profitability.
- In December 31, 2024, the net profit margin recovered to 8.00%, showcasing a rebound in profitability.
Overall, Sensient Technologies Corporation has experienced fluctuations in its net profit margin over the years, with a general upward trend observed from 2020 to 2022, a decline in 2023, and a recovery in 2024. It is essential for the company to continue monitoring and managing its profitability effectively to ensure sustained growth and financial performance.
Peer comparison
Dec 31, 2024